Casa Lianchuang: Spot Bitcoin ETF custodian is too centralized or has the risk of "single point of failure"
Jameson Lopp, co-founder and CTO of Bitcoin custody company Casa, pointed out that only a few designated custodians currently hold all the bitcoin that support spot bitcoin ETF shares, and most issuers list Coinbase as their custodian. The concentration of custodians may lead to a "single point of failure" risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Société Générale launches dollar stablecoin
Sandeep Nailwal takes over Polygon Foundation, prioritizes Agglayer and PoS
Ondo Launches OUSG on XRP Ledger with Ripple Stablecoin Support
US inflation slows in May, reducing pressure on the market
Trending news
MoreCrypto prices
More
