Do you think eventually the crypto banks out there do become unbundled and start to look more like trad or do they kind of get to keep what they've built? I would say the good cases we get halfway between those two extremes. The problem with the coin base and Kraken structure is that while they're conduct up to this point has been honestly pretty exemplary in the grand scheme of things, that doesn't mean it will necessarily persist.

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