Confidential DeFi? Why institutions need privacy to go all in on crypto

The Starting Block · Aug 13, 2026 · 51m · transcript

Zama Co-Founder & CEO Rand Hindi joins Gareth Jenkinson on The Starting Block to discuss how confidential DeFi works, the launch of a confidential USDC vault with Morpho and Stakehouse, and why privacy is essential for institutions to go all in on crypto. Bitwise Europe Senior Research Associate Luke Deans also joined Gareth for the day's Market Pulse, where he discussed Bitcoin's on-chain cost basis levels, the Fed's expected rate hold amid geopolitical inflation risks, and why the institutional bid remains absent until risk-on conditions return.

OUTLINE

00:02 - Show Introduction

01:20 -…