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Fintech– 10
TradFi crypto takeover may not be fatal
CoinDesk·
A crypto executive challenges the notion that traditional finance's (TradFi) entry into the cryptocurrency space spells doom for existing exchanges. He argues that such predictions, like those from Bloomberg, are overly simplistic. Global exchanges have already moved beyond solely relying on transaction fees, demonstrating adaptability and evolving business models that can coexist with or integrate new financial players. This suggests a more nuanced future where TradFi and crypto can find mutually beneficial arrangements rather than a complete displacement.
Tags
fintech
crypto
Original Source
CoinDesk — coindesk.com