
Simon Forster and Duncan Trenholme (TP ICAP) on Crypto Market Structure (EP.421)
On The Brink with Castle Island
The Future of Cryptocurrency
I think for crypto to really scale, I think one of the prerequisites is that it gets used for some form of economic activity. We sit in the energy and commodities unit at TPI cap,. And you've got huge desks that rate and do price discovery on spot, energy, oil; they hedge with participants off the back of it. That's a byproduct of refineries that are producing oil or commercial firms that require Oil. Like those are the sort of use cases that I think are really important for this asset cluster, truly scale.
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