Headwinds to Tailwinds: The New Era for Institutional Crypto | Live From DAS
Episode publishedPodcast: Bell CurveBell Curve
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Think when you come to some of these shows, a lot of people go, well, how do I get dollars? How do I get fiat into digital assets? Uh-uh. How do we get digital assets into fiat, into TradFi? That's convergence. That's what will make this fly.
This episode is brought to you by Ares Markets. To learn more about Ares Markets, follow the link in the show notes below. Hey, everyone. Quick disclaimer before we get into today's episode. Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and the views expressed by anyone on the show are solely our opinions, not financial advice. Our guest and I may hold positions in the company's funds or projects discussed. Alright.
This is gonna be a fun one. We're gonna be talking about institutional, tailwinds here, from headwinds to tailwinds and Woah. David, we got a lot of ground to cover here. But before we get into it, can you just give a quick thirty second background on yourself?
Thirty seconds. Hopefully, you all know me. Hi. I'm David Mercer, CEO of LMAX Group. I guess we straddled the Rubicon. We traded about $7,000,000,000,000 last year. Our seventh biggest currency pair or instrument was BTC USD. We run six exchanges globally. One of those is in digital assets. That's LMAX Digital. And hopefully, we'll excite you about the future cross asset marketplaces in the next twenty minutes.
Awesome. So let's begin at a high level here. Like, help us just set the scene for this particular moment in time. So we've seen a lot of headlines. We've seen a lot of news come out of this particular administration in The US, and everyone, I think, in this room is very bold up and excited on this idea of institutional adoption. So talk to us. How much of this is real? How much of this is headlines? How much can we take to the bank? Give us give us the real inside scoop.
So you said it on your intro. Yes. I was listening at 08:30. We've been talking about institutional adoption for the six years you've been doing it. Congratulations, by the way. Thank
you.
And then Meltem depressed us a little bit with the first ten minutes there. So all I can say is this. So last year, 02/2024, was a record year for Elmax Group across all our asset classes. But what you need to know is the only thing I think about, the only thing we discuss at an executive committee level, the only thing we discussed last week in Singapore at a board meeting was the future marketplace. That future marketplace is digital. Let's let's let's be clear. What's the name of this show today? The
Digital Asset Summit. Thank you for asking.
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