Zac Prince is founder and CEO of BlockFi

Everyone is trying to predict what the crypto industry will look like in 2023, but I’m not sure even a crystal ball could have foreseen recent global macroeconomic events. Near the close of 2021, Bitcoin had hit a new all-time high, crypto reached a $3tn market cap, and the industry was outpacing Big Tech job growth by nearly 400%. At BlockFi, our original financial models for 2022 were forecasting continued accelerated growth in assets on our platform and revenue, leading us to increase our head count to more than 850 colleagues worldwide.