Navigating Cryptocurrency Acceptance
3:15 PM - 4:15 PM ET
Speaker(s): MIchelle Bolger, VP for Financial Operations/Controller, University of Illinois Foundation, Ginny DeSanto, CFO and Treasurer, ASU Enterprise Partners, David Garcia, Head of Treasury Services for Healthcare, Higher Education, and Nonprofit Industries, J.P. Morgan Chase Bank
Elective Session
Despite recent volatility, cryptocurrency continues to be used and looks to be here to stay. It is essential for foundations to have an informed strategy on whether and how to accept cryptocurrency donations.
Higher education institutions are uniquely positioned in the emerging cryptocurrency space. Though volatility has weakened valuations, donors remain eager to make cryptocurrency contributions when advantageous. As foundations position themselves for the future, understanding cryptocurrency is a business imperative. The panel will focus on operational and economic risks, costs, benefits and will provide the foundational understanding needed to consider whether a cryptocurrency strategy makes sense for their institutions.