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@Nabzzzz

@Nabzzzz in December 2023

@Nabzzzz

Major step From Crypto Towards institutionalization This is a big deal because it means that crypto is finally becoming more institutional. What is a triparty arrangement ? A triparty arrangement is a way for institutional inverstors to trade cryptocurrencies without having to worry about the risk of their counterparty defaulting . This is because the collateral for the trade is held by third-party custodian , wich is typically a bank . Binance is the first exchange to offer…