The collapse of FTX may have dominated discourse at DC Fintech Week, but onstage, Kraken CEO Dave Ripley made the case that this event was simply a bump in the road to a future where finance moves fully to the blockchain.
In a panel discussion featuring industry leaders like Galaxy founder Michael Novogratz, Bitso CEO Daniel Vogel and UniSwap COO Mary-Catherine Lader, Ripley took the lead in presenting how the market is evolving in the wake of the industry’s recent challenges.
Moderator Mackenzie Sigalos (CNBC) set the tone by posing a crucial question to Ripley directly, asking, “Is it a good time to be a centralized exchange?”
Ripley seized the opportunity to address the concerns surrounding custodians, which hold the private keys that control their users’ digital assets. He noted that responsible industry leaders can encourage users to embrace the benefits of blockchain ..
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