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MainNewsFilling the ...

Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas


by CoinEdition
  • Adam Cochram said that FTX has left a massive $42 billion void which needs to be filled.
  • Cochran said that a version of MakerDAO with a “pure ETH implementation” is a $2 billion market.
  • Cochran also confirmed that an exchange having team in “crypto native trenches” is a $10 billion market.

Adam Cochran, a partner at Cinneamhain Ventures, identified four significant opportunities left vacant by the collapse of FTX, the digital asset trading platform founded by Sam Bankman-Fried (SBF). These opportunities, valued at around $10 billion each, include:

  • A cross-margin international perps exchange without restrictive capitalizations.
  • A platform for efficiently exchanging different stablecoins at par.
  • Diverse on-ramps for non-US clients, avoiding regional exchange fragmentation.
  • A digital asset exchange that fosters a sense of trust and community among investors.

Cochran also highlighted the potential for a MakerDAO-like platform with a pure ETH implementation, estimating its value at $2 billion. He noted that this is a significant gap in the industry left by the absence of a major player.

“The only other gap that big in the industry that …

The post Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Celsius Founder Joins SBF, Do Kwon in Lineup of Prosecuted Crypto Founders

Celsius Founder Joins SBF, Do Kwon in Lineup of Prosecuted Crypto Founders

Former Celsius Network CEO Alex Mashinsky is scheduled for sentencing on May 8, in Ne...
Solana Whale Unstakes $2.68M in SOL, Transfers to Kraken

Solana Whale Unstakes $2.68M in SOL, Transfers to Kraken

Detail: https://coincu.com/334550-solana-whale-unstakes-sol-kraken/
MainNewsFilling the ...

Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas


by CoinEdition
  • Adam Cochram said that FTX has left a massive $42 billion void which needs to be filled.
  • Cochran said that a version of MakerDAO with a “pure ETH implementation” is a $2 billion market.
  • Cochran also confirmed that an exchange having team in “crypto native trenches” is a $10 billion market.

Adam Cochran, a partner at Cinneamhain Ventures, identified four significant opportunities left vacant by the collapse of FTX, the digital asset trading platform founded by Sam Bankman-Fried (SBF). These opportunities, valued at around $10 billion each, include:

  • A cross-margin international perps exchange without restrictive capitalizations.
  • A platform for efficiently exchanging different stablecoins at par.
  • Diverse on-ramps for non-US clients, avoiding regional exchange fragmentation.
  • A digital asset exchange that fosters a sense of trust and community among investors.

Cochran also highlighted the potential for a MakerDAO-like platform with a pure ETH implementation, estimating its value at $2 billion. He noted that this is a significant gap in the industry left by the absence of a major player.

“The only other gap that big in the industry that …

The post Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Celsius Founder Joins SBF, Do Kwon in Lineup of Prosecuted Crypto Founders

Celsius Founder Joins SBF, Do Kwon in Lineup of Prosecuted Crypto Founders

Former Celsius Network CEO Alex Mashinsky is scheduled for sentencing on May 8, in Ne...
Solana Whale Unstakes $2.68M in SOL, Transfers to Kraken

Solana Whale Unstakes $2.68M in SOL, Transfers to Kraken

Detail: https://coincu.com/334550-solana-whale-unstakes-sol-kraken/