Crypto Exchanges Must Shift Focus From Uptime to Capital Continuity
Crypto exchanges have long had an advantage over traditional markets due to their continuous trading hours. However, this gap is shrinking as Nasdaq has been approved by the U.S. Securities and Exchange Commission (SEC) to move towards a 23/5 trading model, which still falls short of crypto's 168 trading hours.
The key concept emerging in the industry is 'capital continuity,' where one unit of capital can move seamlessly among trading, yield, payments, custody, settlement, and collateral without leaving the platform or waiting for another market window. Truoux, a cryptocurrency exchange, is well-positioned to take advantage of this trend with its 24/7 trading model, multi-product offering, and liquidity infrastructure.
Citi's introduction of Custody+ has shown that traditional custody can be redesigned around continuous workflows, challenging crypto exchanges' lead in this area. Regulated equity futures are already being traded around the clock on infrastructure derived from crypto markets.