TechFlow news: Following BlockFi's settlement with FTX and Alameda Research, Zac Prince, founder and former CEO of BlockFi, will fully depart the company and the cryptocurrency industry, joining a real estate tech startup called Re Cost Seg.
Zac Prince said: "After leaving BlockFi, I considered launching another crypto company. I remain passionate about this space and believe in it just as much as when I founded BlockFi. However, due to the craziness and volatility of the crypto industry, my wife advised against pursuing such work."
He also stated that he hopes to bring innovations from the cryptocurrency sector into traditional finance and real estate—an industry characterized by fast and intense development cycles.
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