Bitcoin lenders may need to become more like traditional finance firms, not less, if they want institutional capital to keep flowing into the sector.

At Consensus 2026 in Miami, Alexander Blume, founder and CEO of institutional bitcoin lender Two Prime, argued that the next stage of crypto credit growth will depend less on decentralized finance experimentation and more on standardization, transparency, and risk management.

“The moment you start trying to explain how any of this stuff works, they’re just like, No… We’ll pay more. Don’t lose my money,” Blume said, referring to institutional borrowers evaluating crypto lending products that become difficult to defend during periods of market stress.

The comments reflected a broader…