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Crypto investors step up risk management after last year’s meltdowns
Institutional cryptocurrency investors are increasing their risk management measures, moving to exchanges that offer stronger asset protection and boosting due diligence on trading partners following the recent bankruptcies of crypto platforms. The institutional investors are executing trades in smaller chunks and prioritising exchanges that allow them to settle and hold assets with independent third-party custodians to protect themselves. Investors are also withdrawing assets from exchanges and moving to custody solutions. The SEC has sued Binance.US and Coinbase Global, but both exchanges have denied the regulator's allegations, with Binance stating that "customer funds are always safe".