Big firms want to trade crypto with the structure of traditional finance, including orders intermediated by brokers and asset custody separate from the exchange (Matt Levine/Bloomberg)

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Matt Levine / Bloomberg:
Big firms want to trade crypto with the structure of traditional finance, including orders intermediated by brokers and asset custody separate from the exchange  —  Institutional crypto  —  I think even a year ago it was possible to imagine the traditional financial system learning something from crypto.

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