Demystifying the Crypto Lending Market: A Close Look at Digital Asset-Backed Lending Transactions

With the rise of cryptocurrency as a financial asset class, cryptocurrency-backed lending (“crypto lending”) has emerged as an innovative alternative to the conventional loan system.  While the notion of decentralized crypto lending promises to make the world a better place by potentially democratizing access to credit, crypto lending poses significant challenges to pre-existing legal rules as well as significant risk to lenders.  

Crowell & Moring LLP is sponsoring a CLE program organized by the Association of Commercial Finance Attorneys to explore legal and business issues surrounding the use of cryptocurrency and other digital assets, such as digitized securities, as a collateral asset class.  

Program Chair

• Scott Lessne, Senior Counsel, Crowell & Moring LLP
  

Moderator

• Jonathan Cardenas, Visiting Fellow, Yale Law School and Associate, Crowell & Moring LLP
  

Panelists

• Zac Prince, Founder & CEO, BlockFi Inc.
  
• Andrew Helman, Partner, Murray Plumb & Murray LLP
  
• Ronald Mann, Albert E. Cinelli Enterprise Professor of Law and Co-Director of the Charles Evans Gerber Transactional Studies Center, Columbia Law School