<h4>Quick Take</h4> <ul> <li>TrueEX, a platform for trading interest-rate swaps, has collapsed while the crypto firm it helped kickstart, trueDigital, is now sweeping up its remaining assetsĀ </li> <li>The inescapable irony is that crypto has proven a successful hedge for its shared investors, offering a lower barrier to entry</li> <li>Pivots into crypto, adopted by the likes of ErisX and LMAX, can be bumpy ride but have a growing string of model case-studies</li> </ul>