The Future of Cryptocurrency Settlement

Tpi-cap is building a settlement product called Fusion Clear. It will work with multiple digital custodians to manage private keys and interact with different blockchains. We think we're a large percentage of equities, rates, credit, most asset classes that trade on a variety of methods. The technology isn't there yet for institutional trading but do I envisage a world where automated market makers can be used amongst larger participants? That's possible, right? You need permissioned pools.