Wall Street Goes Crypto: BlockFills CEO Nick Hammer on Why Institutions Are Diving In—Despite Themselves
Traditional finance’s worst nightmare is here: suits are finally capitulating to crypto. BlockFills CEO Nick Hammer breaks down the institutional gold rush—turns out even the most risk-averse players can’t ignore 300% returns.
From Skepticism to Stacking Sats
Hammer’s firm now processes over $2B monthly in institutional crypto flows. ’Hedge funds used to laugh at our pitch decks. Now they’re begging for OTC desks,’ he says—between sips of a martini probably paid for in Bitcoin.
The Compliance Tightrope
Regulators? Playing catch-up as always. BlockFills just onboarded three bulge-bracket banks using ’creative compliance frameworks’ (read: loopholes you’ll hear about in next year’s Senate hearings).
The Ironic Endgame
Here’s the kicker: institutions are becoming the very ’irrational retail traders’ they once mocked. When JPMorgan starts chasing shitcoin yields, you know the financial apocalypse is truly upon us.