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.”
Best crypto to buy as analysts think FTX repayments could act as a tailwind for the broader market
In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe. The upcoming $5 billion payout...
