JPMorgan Believes Centralized Crypto Exchanges Will Keep Dominating the Market
JPMorgan analysts believe that the collapse of crypto derivatives platform FTX will not be able to undermine the position of centralized cryptocurrency exchanges, which will retain their dominant position in the market.
According to a bank report released late last week, centralized exchanges will also handle the vast majority of digital currency transactions.
JPMorgan has not supported those experts who predict a large-scale redistribution of capital in the crypto sphere in favor of decentralized exchanges.
Supporters of this point of view believe that after investors began to transfer Bitcoins to DEXes, the positions of centralized exchanges were greatly shaken.