Ripley: Crypto Exchanges Are Not Commoditizing Due to Foundational Complexity
Dave Ripley · Dave Ripley: Are the SEC Overreaching with its Approach to Crypto? Should Gensler Step Down? | E1108 · 20VC with Harry Stebbings · Jan 26, 2024 · at 13:26
Dave Ripley, CEO of Kraken, responds to host Harry Stebbings regarding whether crypto exchanges are becoming commoditized products as main trade volumes concentrate around major assets like Bitcoin and Ethereum.
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“I think it's going in the opposite direction. It's extraordinarily difficult to get all the foundations right, security, red compliance, all these different pieces. So much so that we've seen a lot of companies come, not just go by the wayside, but completely disappear.”
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