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Lessons Learned Building and Running a $1.9 Billion On-Chain Credit Fund

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Manage episode 471477554 series 1291238
Content provided by Will Beeson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Beeson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Kevin Miao is one of the most insightful practitioners at the intersection of traditional and on-chain finance.

Until recently, Kevin was General Partner of BlockTower Credit, a $1.9 billion AUM private credit fund that leveraged public blockchains, stablecoins, and tokenization to maximize capital efficiency.

Prior to BlockTower, Kevin managed a Structured Credit trading desk at Citigroup, focusing on consumer credit, esoterics, and distressed crisis-era securitizations.

Currently, Kevin leads growth at Steakhouse Financial, a DeFi-native advisory and technology business that helps manage the biggest DAOs in web3.

In this conversation, Kevin and I explore the theory and practice of running an on-chain credit fund, the benefits and challenges versus the traditional model, current limitations in on-chain investment management, and potential paths to upgrading finance with blockchain rails.

  continue reading

244 episodes

Artwork
iconShare
 
Manage episode 471477554 series 1291238
Content provided by Will Beeson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Beeson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Kevin Miao is one of the most insightful practitioners at the intersection of traditional and on-chain finance.

Until recently, Kevin was General Partner of BlockTower Credit, a $1.9 billion AUM private credit fund that leveraged public blockchains, stablecoins, and tokenization to maximize capital efficiency.

Prior to BlockTower, Kevin managed a Structured Credit trading desk at Citigroup, focusing on consumer credit, esoterics, and distressed crisis-era securitizations.

Currently, Kevin leads growth at Steakhouse Financial, a DeFi-native advisory and technology business that helps manage the biggest DAOs in web3.

In this conversation, Kevin and I explore the theory and practice of running an on-chain credit fund, the benefits and challenges versus the traditional model, current limitations in on-chain investment management, and potential paths to upgrading finance with blockchain rails.

  continue reading

244 episodes

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