A year ago, market maker Flowdesk made a contrarian bet by expanding its U.S. presence during the chill of crypto winter.
"The philosophy of the company has always been the same. We have a huge conviction about where the market is going," Chaumont said this week in an interview."Building a company, particularly in crypto, is always about making contrarian bets and seeing what others didn't see. We are not very sensitive to short-term macro events. That's why we have always been very enthusiastic about the U.S. for crypto innovation.
Another headache is custody. Chaumont argued that the U.S. needs a simplified and globally harmonized regulatory framework for custody, which, if done right, could unlock massive business potential.
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