Blockchain.com’s McGarraugh on the Past, Present and Future of Banking

How do cryptocurrencies fit into the overall asset classes? McGarraugh answers this question and more during a recent interview from Blockworks’ Bretton Woods conference.

article-image

Blockchain.com’s Charlie McGarraugh | Source: Blockchain.com

share

key takeaways

  • 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.

Want more investor-focused content on digital assets? Join us September 13th and 14th for the Digital Asset Summit (DAS) in NYC. Use code ARTICLE for $75 off your ticket. Buy it now.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screenshot 2024-05-23 091855.png

Research

Bitcoin L2s aim to boost scalability while preserving decentralization and security, unlocking a better user experience, and new avenues for Bitcoin-powered innovations. However, no existing Bitcoin L2 leverages the full security of Bitcoin.

article-image

The current crop of ETF issuers could’ve only made it this far by promising not to stake any ETH they hoover up

article-image

After accelerating conversations with issuers, the SEC took a step toward allowing ETH funds to launch

article-image

As FIT21 advances to the Senate, experts are cautiously optimistic but say to expect some changes to the bill

article-image

Three Democrats joined Republicans Thursday in supporting a bill that would block the Federal Reserve from issuing a retail CBDC

article-image

Plus, Zeta Markets has released a litepaper for the “Zeta X” layer-2 it’s hoping to send to mainnet in early 2025

article-image

From CME Group’s launch of ether futures to congressmen urging the SEC to approve spot funds, a lot has led up the agency’s decision