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CRYPTO 101

Ep. 423 - Banking in Crypto with Jack McDonald of PolySign

CRYPTO 101

Bryce Paul & Brendan Viehman

News, Business, Investing, Business News, Tech News

4.3841 Ratings

🗓️ 3 March 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode of CRYPTO 101, we talk to Jack McDonald of PolySign about the important role that the human element still plays in the financial digital world. Reserve your free ticket to the Digital Currency Summit here: https://www.digitalcurrencysummit.com/ Guest Links: https://twitter.com/_jackmcdonald_ https://twitter.com/PolySignInc https://www.polysign.io/ Show Links: https://CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://twitter.com/PizzaMind https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2022 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Our Sponsors: * Check out Mars Men: https://mengotomars.com * Check out NPR: https://npr.org * Check out Quince and use my code quince.com/crypto101 for a great deal: https://www.quince.com * Check out Scribe and use my code Scribe.how/CRYPTO101 for a great deal: https://scribe.com/Crypto101 * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

All right, it's time for another episode of the Crypto 101 podcast, and we got a special one for you.

0:11.8

Our conversation today is actually an interview that we've prepared for our upcoming digital currency summit, which starts March 8th.

0:21.8

And this is just one of 47, count of 47 different interviews that we've gathered for the Digital Currency Summit.

0:30.4

And if you want to hear from every single one of them, all you have to do is claim your free ticket right now.

0:37.0

And yes, this is a virtual event that you can watch

0:40.2

from the comfort of your own home and it's totally free. So to reserve your ticket, just go to

0:47.8

digital currency summit.com and click the link. All right. So enjoy this preview interview and get ready for a whole lot more

0:56.9

at the Digital Currency Summit. We are joined today by Jack McDonald, who is the CEO of PolySign

1:06.6

and Standard Charter and Custody. Is that right? Did I say that correctly?

1:11.3

Standard custody and trust. In trust. Sorry. Thank you so much. We're so excited to be here today with

1:17.7

you, Jack. Before we even dive in to everything that you're doing, why don't we just get a quick

1:24.6

background? What were you doing before you started running PolySign?

1:28.8

And why did you even dive into the crypto industry to get started?

1:32.8

Yeah, first of all, thanks very much for having you. It's excited to be back on your show.

1:36.7

I come from a Tradify world like many of us. Somebody recently told me that's not Tradify anymore.

1:42.6

It's legacy finance just to make me feel even older than I am in the space.

1:48.2

I used to run a company called Conifer, which had a broker-dealer business where we did prime brokerage and trading for hedge funds and family offices.

1:57.0

We also had a fund administration business.

1:59.6

And I sold those two businesses after bringing on Carlisle,

2:02.9

sold the broker-dealer to Cowan and Company and the Fund Abin to SS&C.

2:07.8

And through a VC friend of mine met Arthur Brito,

2:10.6

who was the original founder of Ripple together with Chris Larson, Jed McCallup,

...

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