FX-style crypto platforms could bridge gap with TradFi

Emergence of execution-only ECNs, prime brokers and clearing houses brings new confidence in crypto

There have been several crypto platform launches this year that suggest the market may finally be achieving sufficient maturity for the traditional finance world.

Cyaptor and Crossover Markets, for instance, which went live in April and July, respectively, aim to provide a bridge for market participants to trade spot cryptocurrencies on foreign exchange-like platforms that they are already familiar with.

The launches followed the collapse of FTX in November last year, which sparked demands for

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