BREAKDOWN: Liberty Mutual and State Street Are the Latest Institutions to Join the Bitcoin Party
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 April 2021
⏱️ 14 minutes
🧾️ Download transcript
Summary
Institutional participation in Bitcoin shows no signs of slowing down.
This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.
Today on the Brief:
- Crypto Climate Accord
- Robinhood crypto trading
- The decentralization of venture capital
Our main discussion:
This week was absolutely chock-full of institutions getting into the bitcoin space, yet barely anyone noticed. From Liberty Mutual and Starr Insurance investing in NYDIG to a massive real estate company moving treasury into bitcoin and accepting it for rent, the institutional infiltration of bitcoin shows no signs of stopping.
-
Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.
-
Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.
-
Image credit: TG23/iStock/Getty Images Plus
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash Wondery, UK. |
| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:49.3 | This is a report from Bloomberg that was throwing around $400,000 as a possible price target for Bitcoin |
| 0:56.6 | this cycle. I covered it on this show but saw almost nothing else about it. If we were having |
| 1:01.5 | this conversation in December, Bloomberg pointing to $400,000 Bitcoin this cycle as possible |
| 1:06.4 | would have been a pretty massive point of conversation. But that's just where we started. |
| 1:13.2 | Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the |
| 1:20.3 | big picture power shifts remaking our world. The breakdown is sponsored by Nexo.io and Exodus, |
| 1:27.2 | and produced and distributed by CoinDesk. |
| 1:31.1 | What's going on, guys? It is Friday, April 9th. And today, we are talking about the latest institutions to join the Bitcoin Party. |
| 1:39.5 | First up, however, let's do the brief. First on the brief today, the crypto climate accord. |
| 1:46.0 | Yesterday, Ripple, Coin shares, and consensus announced that they had joined something |
| 1:50.1 | called the Crypto Climate Accord. |
| 1:52.4 | Apparently, the goal of the accord is to have the crypto industry run entirely on renewable |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.