Uncommon Core 2.0 cover image

Evolution of Crypto Custody - with Su Zhu and Hasu

Uncommon Core 2.0

The Difference Between a Prime Broker and a Traditional Prime Broker

3min Snip

00:00
Play full episode
With coppe, copper actually holds your funds. You don't have custody over it, but they do rite. So unlike fireblocks, coppers axtually custodia, i think. But it's not more custodia than fireblocks, since copper ijust replaces the exchange. Ye oo. Whati. When i saw it, when i fast e first metebot is, my initial question was, so how is this different from a traditional prime broker model? A. Prime brokers were invented because hetch funds wanted to trade derivatives with many different counter parties. They didn't want to post clatt themselves and negotiate credit themselves with each. Some of the oldest pension funds

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode