Market makers like Jump saw huge value, both in Figure Markets’ decentralization, as well as the possibilities of cross-collateralization. But they flagged another issue, the problem around liquidity for lend/borrow, and the ability to access capital from a lend/borrow standpoint, Cagney said. “Look at the prime brokers in crypto, there’s really only somewhere in the hundreds of millions of dollars of capital available to lend in an industry that could easily consume billions of dollars of capital a day.”
Kraken secures restricted dealer registration In Canada and appoints North America GM to drive next growth phase
We’re excited to announce that Kraken has officially obtained a Restricted Dealer registration in Canada, reaffirming our commitment to serving...