Chainalysis Traditional Financial Institutions and Bitcoin ETFs Drive North America to Lead the Global Market while Cryptocurrency Regulations Still Need Improvement
Decentralized finance (DeFi) platforms like Coinbase and Gemini have become important bridges for institutions to enter the cryptocurrency market, offering secure and easy asset management services. For example, BlackRock is collaborating 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 crypto market. It not only provides convenient access for retail investors but also meets the needs of institutional investors for stable and reliable trading services.