How Crypto Tokens Get Launched and How That's Evolved Over Time - Ep. 691
Episode publishedPodcast: UnchainedUnchained
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Reed: If there is no interest in a particular project or there's no utility in that project or the market deems that project to be useless, there's really not much that a market maker can do to kind of revive that project. We can only do what we can do, and that's to provide the service that we, you know, are in contract for.
Laura: Hi, everyone. Welcome to Unchained, your no hate resource for all things crypto. I'm your host, Laura Shin, author of the crypto beans. I started coming crypto 9 years ago, and as a senior editor of Forbes was the 1st mainstream meter porter to cover cryptocurrency full time. This is the August 20th, 2024 episode of Unchained.
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Hanson: Thanks, Laura. Hey. Happy to be here.
Laura: So this year, we've seen more new tokens that have been listed on digital asset exchanges in the first half of this year than in all of 2023. And I know this is sort of squarely, in your line of business. So why don't we just start with your background, and we can kind of get into all the details on on this area of the market. So, Reid, why don't you start?
Reed: No problem. So I spent the majority of my career in TradFi, working for some large hedge funds, Millennium Partners in particular, always on the trading side. I was interested in crypto in 2016, 2017. I went full time into crypto in 2018 when I joined Genesys, and I started there running the APAC trading desk. I left Genesys in 2022 as managing director and head of global spot trading.
I joined Flodesk about a year ago as US CEO to build out the team here and really focusing on our US and global expansion as it pertains to the market making and OTC side of the business.
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