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Why crypto's future may look more like traditional markets

CS
CoinDesk Staff
(01:00 PM UTC)
1 min read
OB
Reviewed byOlivia Bennett
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Crypto should adopt the best of centralization, says LMAX CEO David Mercer. (Getty Images)

Summary

  • Centralized market structures solve coordination problems, helping concentrate liquidity, improve price discovery and support market stability, according to LMAX Group CEO David Mercer.
  • Crypto's growth has been constrained by a lack of mature credit and clearing mechanisms, preventing institutional…

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CoinDesk Staff · CoinDesk

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