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Crypto Exchanges Need To Specialize To Stay Competitive, Says Coinfloor Head

From cryptobriefing.com

It’s been a great year for crypto exchanges, with Coinbase making over a billion in annual revenue. But those good times may soon come to an end, according to the head of a London-based exchange group, who says the largest trading platforms will have to specialize or risk being outperformed by competitors. Obi Nwosu, CEO of Coinfloor, predicts that a “great unravelling of crypto exchanges” could begin within the next year or so. Speaking at the inaugural Coinscrum Markets event last night, Nwosu said leading venues like Binance and Coinbase will have to focus on one particular vertical if they want to remain ... (full story)

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