Bitcoin-native financial firms have been expanding beyond exchange and custody platforms into lending, payments and banking services, with some industry executives arguing the next phase of adoption will be building bitcoin-centric alternatives to traditional banks.
Speaking with The Block on Thursday at the BTC Prague conference, Blockrise CEO Jos Lazet said his vision is for bitcoin-centric financial platforms to transform into full-service banking alternatives on bitcoin's self-sovereign wavelength.
"My dream goal of Blockrise is a Bitcoin bank," Lazet said.
Across the digital asset industry, companies have been introducing and experimenting with products like bitcoin-backed lending, crypto payment cards, yield services and retail banking services.
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