UPS Platform

Hedge funds shift to decentralised platforms after FTX collapse

Reading now: 786
fnlondon.com

Hedge funds are increasingly turning towards private wallets and self-custody after FTX's collapse showed up the risk of relying on a single exchange for trading.Outflows from exchanges have accelerated as the demise of Sam Bankman-Fried's empire revealed vulnerabilities in centralised offerings."We are seeing lower trading volumes across...

Read more on fnlondon.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA