How Wall Street prime brokers could ignite crypto's largest expansion yet

Quick Take

  • LMAX Group CEO David Mercer sheds light on how Wall Street prime brokers and institutional players are driving the future growth of the crypto ecosystem.

Episode 2 of Season 7 of The Scoop was recorded with The Block's Frank Chaparro and LMAX Group CEO David Mercer. 

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The Scoop's host, Frank Chaparro, was joined by LMAX Group CEO David Mercer.

In this episode, Chaparro and Mercer discussed the accelerating institutional adoption of crypto, with major banks entering the market and driving stability, maturity, and significant capital inflows. They also explored how improved interoperability between tradfi and crypto could increase adoption by enabling more seamless asset movement between the two ecosystems.

OUTLINE
00:00 Introduction
02:43 Bullish vs Bearish narratives
06:23 Improving regulatory environment
09:24 This ain’t mania
14:54 Competent credit offering
18:55 The necessary infrastructure
24:04 Capitalising on future growth
33:35 Good tech solutions will win
35:19 Conclusion


GUEST LINKS
David Mercer - https://www.linkedin.com/in/mercerdavid/
David Mercer on X - https://x.com/mercerdavid

LMAX Group - https://www.lmax.com/
LMAX Group on X - https://x.com/LMAX

 


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© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Jordan Leech is a Berlin-based Editorial Intern at The Block. He has worked for several years as a broadcast journalist, camera operator, and producer before aiming to get established working in the crypto industry. Jordan holds a degree in Philosophy and Political Science from the University of Guelph and is an avid photographer and traveller in his free time.

Editor

To contact the editor of this story:
Lawrence Lewitinn at
[email protected]

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