The future of institutional crypto runs through prime brokerages
Institutional crypto flows through prime brokerages that enforce TradFi custody standards. Ripple’s $1.25B Hidden Road acquisition signals a permanent infrastructure shift.
Opinion by: Dominic Lohberger, chief product officer at Sygnum.
Counterparty risk in crypto markets has always moved in cycles. Exchanges default or get hacked. Standards tighten for a while. Then, complacency quietly returns as losses are forgotten.
What is happening this time is different.