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‘Anarchistic neobanks’ are bitcoin’s next frontier, confirms Blockrise CEO

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'Anarchistic neobanks' are bitcoin's next frontier, says Blockrise CEO.

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.

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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. Lazet noted that Blockrise recently launched bitcoin-friendly bank accounts with International Bank Account Numbers, or IBANs, and is exploring subscription pricing models similar to neobanks like Revolut.

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