Ep 213: Ben Forman - How Sophisticated Investors Are Thinking About Digital Assets in 2026

Ep 213: Ben Forman - How Sophisticated Investors Are Thinking About Digital Assets in 2026

From Inside the Rope with David Clark by David Clark

January 5, 2026 · 57 min

About this episode

David Clark interviews Ben Forman about the evolving landscape of digital assets and blockchain technology.

David Clark sits down with Ben Forman, Founder and Managing Partner of ParaFi Capital, one of the world’s leading institutional investors in blockchain and digital assets. Ben’s path into digital assets is anything but conventional. Trained in traditional private equity and credit at firms such as KKR and TPG, he began his career analysing businesses through a deeply fundamental, cash-flow-driven lens. Like many experienced investors, his initial reaction to crypto was sceptical. What changed was a growing conviction that blockchain technology could fundamentally reshape how value moves through the global financial system. For listeners unfamiliar with blockchain or digital assets, this conversation serves as a clear, grounded introduction. Ben explains blockchain in practical terms, comparing its potential impact on finance to what the internet did for information—reducing friction, cost and reliance on intermediaries. We explore why financial services, despite decades of digitisation, remain inefficient, and how technologies such as stablecoins, tokenisation and on-chain settlement are beginning to change that. The discussion also demystifies ParaFi’s role in the ecosystem. Ben…

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