Clearing Spotlight #7: The Evolution of Crypto Market Structure скачать в хорошем качестве

Clearing Spotlight #7: The Evolution of Crypto Market Structure

In this episode of Clearing Spotlight, we are joined by Brooke Rizzetto, Head of EMEA Derivatives Sales at Coinbase, for an in-depth conversation on how crypto market structure is evolving as derivatives, options, and institutional participation continue to scale. We explore how crypto markets differ fundamentally from traditional financial markets — from fragmented liquidity and bilateral risk pricing to the absence of standardized netting, clearing, and collateral frameworks — and what this means for the next phase of institutional adoption. Key topics include: • The growing role of options in crypto liquidity and price discovery • Spot, futures, and options under one roof — lessons from traditional markets • Market fragmentation vs. standardization and clearing efficiency • Regulation, ETFs, and what a more pro-crypto policy environment could unlock • CEX and DEX convergence — competition or coexistence? As crypto markets move toward greater scale and sophistication, this conversation sheds light on where true convergence with traditional finance may — or may not — occur. ---------------------------------------------------------------------------- ✏️ Learn for general information of LTP: https://www.liquiditytech.com/en 📣 Socials: ► Follow us on X: https://x.com/LTP_primebroker ► Follow us on LinkedIn: / liquiditytech ► Instagram: LTP_PRIMEBROKER ---------------------------------------------------------------------------- 00:00 Introduction 02:10 The evolution of crypto market structure 06:30 The role of options in institutional adoption 12:45 Spot, futures, and perpetuals: liquidity and hedging 20:30 Clearing, collateral, and funding markets in crypto 30:10 Exchange consolidation and Coinbase–Deribit 38:40 Regulation, ETFs, and market maturity 47:50 CEX vs. DEX: future equilibrium 55:30 What to expect next in crypto derivatives #cryptoderivatives, #Cryptooptions, #marketstructure, #institutionalcrypto, #Crypto, #Clearing, #cryptoregulation, #clearingspotlight