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Former Coinbase exec launches stablecoin-native crypto exchange

The Scoop

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Truex: Innovating in Crypto Trading

This chapter explores Truex's recent $9 million capital raise and its strategy to compete in the U.S. spot market dominated by few exchanges. The focus is on product innovation for institutional clients and the creation of a robust trading platform following the exits of significant players. Emphasizing the need for healthy competition and effective risk management, the discussion highlights Truex's vision for a transparent marketplace and innovative approaches to enhancing liquidity in the cryptocurrency space.

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