Chainalysis Financial Institutions and Bitcoin ETFs Drive North America to Lead the Global Market While Cryptocurrency Regulation Still Requires Improvement

Centralized Finance (CeFi) platforms like Coinbase and Gemini have become crucial bridges for institutions to enter the cryptocurrency market, providing secure and user-friendly asset management services. For example, BlackRock collaborated with Coinbase in 2022 to integrate Coinbase Prime functionality into its proprietary investment management platform, Aladdin. This demonstrates that CeFi has indeed become a bridge for institutional investors to enter the crypto market. CeFi not only provides convenient access for retail investors but also meets the needs of institutional investors for stable and reliable trading services.