Bridging Generations: How Family Offices Are Embracing Blockchain

In this episode, host Remy Blaire explores the emerging role of Kansas City as a significant blockchain hub in the Midwest. The focus is on the inaugural Heartland Digital Asset Exchange (#HDAX) summit, scheduled for September 9th at the Magnolia Venue in downtown Kansas City. This event aims to connect global leaders in blockchain and digital finance with investors from the Heartland, highlighting the region’s growing influence in the digital asset landscape.

Remy is joined by Joe Kessinger, Chair of TIGER 21-KC and EVP of DeBruce. They begin their conversation by discussing the strategic choice of hosting the #HDAX event at the New York Stock Exchange, a venue that symbolizes the evolution of the financial industry. Joe emphasizes the shift of financial investments from the coasts to the Midwest, noting that the region, historically seen as conservative, is gaining momentum in adopting blockchain technology, particularly in traditional sectors like utilities.

As the discussion progresses, Joe shares insights into how Heartland industries are starting to integrate blockchain and on-chain infrastructure. He provides a compelling example from his Tiger 21 group, where a former CEO of a transportation company faced challenges with cross-border currency exchanges. Blockchain has proven to be an effective solution, streamlining operations and enhancing efficiency.

The conversation then shifts to the role of regional investors and family offices in this evolving landscape. Joe reflects on the generational divide within these investment groups, highlighting a hesitancy among older members to engage with blockchain. However, he notes a positive trend where younger members are educating their older counterparts about the functionality and potential of blockchain technology. This knowledge transfer is crucial as family offices begin to allocate portions of their portfolios to digital assets.