The Wolf Of All Streets "Bitcoin Is Being Weaponized & Nobody Understands What Happens Next" | Zac Prince
Feb 1, 2026
Zac Prince, former BlockFi CEO and now CEO of Galaxy One, is an experienced crypto entrepreneur. He discusses how ETFs, regulation, and institutional money are reshaping Bitcoin into a tool of power. They cover why yield products keep failing. He also explains Galaxy One’s approach to generating 'safe' yield and the political risks that could upend compliant crypto firms.
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BlockFi's Regulatory Pain Points
- Zac Prince recounts BlockFi's capital and legal struggles that hampered fundraising and led to an unprecedented SEC settlement.
- He links regulatory posture to BlockFi's inability to continue despite not being fraudulent.
Yield's Return Through Institutional Structures
- Yield went from taboo to mainstream because of interest-rate and regulatory shifts.
- Institutions are now packaging yield in regulated structures instead of the old C5 model.
Prefer Regulated Yield Vehicles
- Read offering documents and understand the issuer when choosing yield products.
- Prefer regulated structures with clear risk caps, durations, and audited financials over open, unlimited deposits.