The Plumbing Problem: Why Institutions Still Can't Move at Scale
Settlement, custody and credit remain the real bottlenecks for institutional scale. Not trading. A look at the regulated plumbing that banks need before they can move at scale, and why the less glamorous parts of the stack are actually where the competitive edge lives. Perspectives from regulated exchanges, on-chain analytics and European banks.
Sol Cinosi
President at Association for Women in Cryptocurrency