Institutional Infrastructure - How crypto prime dealers access liquidity for Bitcoin whales

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By Brave New Coin. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Danny Kim is Head of Growth at SFOX, a crypto trading platform and prime dealer for whale traders and institutional investors. SFOX is connected to 20+ exchanges and OTC desks to provide a single point of access to the crypto markets. SFOX was one of only two crypto companies to make Y Combinator's list of the Top 100 most valuable companies to come out of its accelerator program.

Key takeaway:

A prime dealer provides a single point of liquidity to all the major crypto exchanges, a vital access point for large whale traders and institutional investors. The prime dealer model is an evolution in the Bitcoin and crypto markets as more sophisticated traders demand a more comprehensive liquidity solution via a single trading platform. The exact amount of OTC volume is unknown but may be up to 70% of the market.

Why you should listen:

Danny explains the animal-inspired suite of SFOX algorithms - Polar Bear, Tortoise, Hare, and the Gorilla. He says the institutions are coming, however, it’s a slow and steady process due to the complex requirements of the larger pension funds and custodial clients. In the Crypto Conversation hot take round, Danny says he is a fan of Andrew Yang, and his favorite science fiction film is Interstellar.

Supporting links:

SFOX

SFOX on Twitter

Brave New Coin on Twitter

Andy on Twitter

SFOX-Crypto-Volatility-Report

Brave New Coin

Y Combinator Top Companies

26 episodes