How pivoting into digital assets is offering a lifeline to the firms that birthed them
Quick Take
- TrueEX, a platform for trading interest-rate swaps, has collapsed while the crypto firm it helped kickstart, trueDigital, is now sweeping up its remaining assets
- The inescapable irony is that crypto has proven a successful hedge for its shared investors, offering a lower barrier to entry
- Pivots into crypto, adopted by the likes of ErisX and LMAX, can be bumpy ride but have a growing string of model case-studies
For the biologists among us, you’ll have spotted that crypto is seeing something akin to matriphagy: the phenomenon where insect-offspring eat their mothers. In this case, the child is the crypto spin-off, set up by the old-guard of traditional trading who now represent the dead parent, being cleared up by its offspring. There are at […]
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
