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Wes Cecil is Chief Strategy Officer at Structure Fi, a platform focused on global investing and blockchain finance.
He works on onboarding unbanked populations into decentralized finance and discusses how Structure Fi differentiates itself from centralized exchanges.
1Interview
2022First on the show
Nov 2022Latest appearance
20 minOn camera
19:43
Latest interview · Nov 1, 2022Wes Cecil on global investing at Structure FiWatch the episode →
Key points
- Structure Fi aims to provide global access to any asset at any time by eliminating barriers like cost, complexity, and requiring mobile-first design for markets without widespread computer access.
- High-inflation countries like Nigeria, Venezuela, and Argentina show strong demand for reliable asset access to preserve savings rather than hold deteriorating local currency.
- Structure Fi operates in over 80 countries and strategically targets markets based on regulatory alignment and local fit rather than expanding uniformly across all regions.
- KYC and AML compliance are non-negotiable requirements that Structure Fi implements to protect users, despite these processes creating barriers for unbanked populations in some regions.
- Geographic proximity does not determine regulatory environment or cryptocurrency adoption attitudes, as demonstrated by Philippines and Indonesia having nearly opposite approaches to crypto despite similar locations.
In their own words
“The goal of Structure is any asset, anywhere, at any time.”
“When companies try to cut corners it damages everybody.”
