Bitgo: Securing the World’s Crypto

Published on
February 12th, 2021
Duration
38 minutes


Bitgo: Securing the World’s Crypto

The Interview - Crypto ·
Featuring Mike Belshe and Raoul Pal

Published on: February 12th, 2021 • Duration: 38 minutes

Mike Belshe, co-founder and CEO of Bitgo, joins Raoul Pal, Real Vision CEO, to discuss Bitgo, tokenization, and the DeFi markets. Belshe describes Bitgo as a security and technology company, acting as custodian for approximately 18 blockchains and 300+ tokens. He explains the importance of the institutional component to adoption and how crucial secure custodians are for institutions to be able to fully enter the space. Belshe believes that DeFi is starting to show some incredible opportunities, and he mentions that there are already smart contracts operating at significant scale, automating away parts of traditional finance such as automated market makers. Belshe also mentions the value of token standards like ERC20 for building out the layers of crypto infrastructure. Standardization of various tokenization formats will accelerate the security and composability of the crypto space. Filmed on January 27, 2021.

Key Learnings: Security is paramount when working with institutional level investments. In order for crypto to be an asset class accessible to all, a secure fiduciary custodian is necessary infrastructure. We are in the early stages of the infrastructure build out for the crypto space, and as the value of the assets grow, the level of security must also scale with it.

Comments

Transcript

  • DL
    David L.
    18 February 2021 @ 06:29
    The information in this interview provides an important "piece of the puzzle" for those who want to understand the big picture of the crypto space.
  • sc
    sung c.
    15 February 2021 @ 23:16
    Thanks Raoul. Excellent interview and content. Got so much out of it.
  • VA
    Vladimir A.
    15 February 2021 @ 10:46
    Raoul, you should interview one of the leaders at Fireblocks to get their view on the shift to crypto custodians and how their solution fits into all this.
  • CC
    Charles C.
    14 February 2021 @ 19:47
    If anyone has doubts that crypto and blockchain are really the future, this short interview highlights the quality and seriousness of the people in the space. Very worthwhile. Thanks RV
    • VA
      Vladimir A.
      15 February 2021 @ 10:43
      Indeed. Videos like this are another confidence brick in the crypto wall that's building in my portfolio. It's great to have someone with Mike's reputation and tech chops on the crypto side helping the push to open up the old financial systems and incumbents. Time for blockchain to eat traditional finance...and for us little guys to benefit from it along the way.
  • SO
    Scott O.
    15 February 2021 @ 04:57
    Raoul Pal, if you wanna figure out your bar some day lemme know and we can drink tequila and/or whiskey and discuss what should be stocked lol.
  • kv
    kyle v.
    14 February 2021 @ 09:34
    I love real vision
  • Hv
    Hannah v.
    13 February 2021 @ 20:30
    “The federal reserve is a network of private banks.” I wonder how many people actually understand this?
  • sd
    steve d.
    13 February 2021 @ 17:31
    Real Vision interviews and content are the new standard in the crypto space
  • GC
    Gregg C.
    13 February 2021 @ 03:19
    Only at Real Vision would I be able to sit in on a conversation like this. Thanks again for allowing me to buy in to this service.
  • bw
    brent w.
    13 February 2021 @ 00:59
    It’s been said before, but Raoul is a fantastic interviewer. I think he is on par with any of the greats. Bravo.
  • JI
    Janne I.
    12 February 2021 @ 16:11
    Enzyme finance tries to solve these issues on-chain and it's completely decentralized. I think this is the future not a traditional institution that moves to crypto world.
  • JD
    Jonathan D.
    12 February 2021 @ 14:38
    this backyard is just insane....this is competition Raoul. You guys are now in competitions with Simon Dixons too! lol