2min chapter

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The Hidden Costs of USDC | Nathan McCauley & Charles Cascarilla

Empire

CHAPTER

Exploring Business Models in Cryptocurrency Custody and Infrastructure

This chapter explores the distinct revenue models of two cryptocurrency firms, highlighting Anchorage's reliance on custody fees from institutional clients and their trading offerings. The other company elaborates on its dual strategy of providing infrastructure for crypto products and asset tokenization, detailing the fee structures that support these services.

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