- Cryptocurrencies are another thing to trade but also far more than that, said McGarraugh
- The value created by the technology enabling the digital asset space can be handed back to users, he said
Charlie McGarraugh, chief strategy officer and head of markets for Blockchain.com, joined Blockworks at Bretton Woods: The Realignment conference and discussed the past, present and future of banking.
“There is just so much happening so fast and so many opportunities in the space,” said McGarraugh during an interview at the event. “The prospects for this asset class, and the technological rail for changing the structure of the market and the prospects for what it can be, are really interesting and promising.”
McGarraugh also spoke about the Blockchain.com’s plans for its March $300 million fund raising round led by DST Global, Lightspeed Venture Partners and VY Capital. The round came just one month after a $120 million round. All told, the company’s valuation is currently $5.2 billion.
McGarraugh also provided insight into the Blockchain.com’s planned move to Miami and its subsequent hiring push.
Watch my full interview with McGarraugh below.