Chainalysis Financial Institutions and Bitcoin ETFs Drive North America to Lead the Global Market While Cryptocurrency Regulation Still Needs Improvement
Centralized finance (CeFi) platforms like Coinbase and Gemini have become important bridges for institutions to enter the cryptocurrency market, providing secure and simple asset management services. For example, BlackRock collaborated with Coinbase in 2022 to integrate Coinbase’s Coinbase Prime functionality into BlackRock’s proprietary investment management platform Aladdin. This demonstrates that CeFi has indeed become a bridge for institutional investors to enter the cryptocurrency market. It not only provides convenient access for retail investors but also meets the needs of institutional investors for stable and reliable trading services.
