Gate CrossEx: An Exchange-Native Answer to the Institutional Capital Fragmentation Problem
The Block·
60-second summary
Gate CrossEx is addressing the institutional capital fragmentation problem by providing an exchange-native solution, allowing sophisticated crypto desks to move capital quickly and efficiently. Funds with multiple balance sheets across CEXs can now net collateral across venues, reducing the need for separate funding and minimizing worst-case requirements, thereby streamlining their operations and increasing liquidity.
For sophisticated crypto desks, the bottleneck has rarely been finding liquidity, but rather moving capital fast enough to use it. A fund running active books across the largest CEXs operates multiple separate balance sheets that don’t talk to each other. Every account must be funded to meet worst-case requirements. Collateral can’t be netted across venues. […]