Insights and observations on the intersection of treasury and crypto in a video interview with Medtronic’s Tim Husnik.
Medtronic senior treasury director Tim Husnik loves a challenge. So it’s no surprise that he’s giving lots of thought to what his FX risk management team and other treasury groups will need to do, and how to do it, if Medtronic customers start asking to pay for products with cryptocurrency.
- “There will be an intersection with treasury at some point in the future,” he tells NeuGroup’s Antony Michels in the video interview below. “It’s a fascinating world to start thinking about.”
- One key topic on his mind is how to hedge cryptocurrency risk. “I’ve spent more time thinking about that than I care to admit,” Mr. Husnik says in the interview.
- He also admits that he’s not eager to be the “first one to figure out the solution” to this particular challenge—one reason he says it’s critical to attend trade conferences and—our favorite part—participate in peer groups.
- “It’s really important to stay connected to your industry peers, more so than the banks, because right now a lot of banks can’t provide a customer a cryptocurrency transaction.”
Please listen to all of Mr. Husnik’s insights in the full interview below: