Over 41% of trading venues offer crypto services, survey reveals
A World Federation of Exchanges survey found that 41% of the participating trading venues already offer crypto -related services or products. Furthermore, according to the survey results published on Sept. 5, 24% of the platforms without such offerings plan to offer crypto-related products or services. The study was focused on cryptocurrency trading infrastructure and included comments from 29 trading venues. While most platforms already offer crypto products or services to their customers or plan to, over a third do not have such plans. The World Federation of Exchanges also found that the demand for crypto products is greater among retail investors than institutions. Furthermore, retail investors are more interested in products such as non-fungible tokens (NFTs) and stablecoins — whereas institutions tend to request security tokens and custody services. Over one quarter (26%) of the respondents also expect cryptocurrencies to go mainstream within five years. You might ...