Jul 13th 2021
The bitcoin trading ecosystem: an overview
Trading venues are the section of the Bitcoin ecosystem that most people are familiar with. However, the bitcoin trading ecosystem would not be working as seamlessly as it does today if it were not for the presence of other participants.
Source: Arcane Research
Market makers, brokerages and OTC desks; custody companies, crypto-friendly banks and fiat onramps are all essential parts of the growing ecosystem around bitcoin.
This blog post is an extract from our latest report: “The Bitcoin Trading Ecosystem”.
The map overview above illustrates how all these parts are connected, exemplified by a few selected companies.
The Bitcoin Trading Ecosystem - And The Emerging Institutional Infrastructure
Bitcoin has come a long way since the early days of relative obscurity. The evolution is fuelled by a flood of institutional money, both around the infrastructure but also directly into the asset.
