Coin

<ul class="wp-block-list news-points">
 <li>Adam Cochram said that FTX has left a massive $42 billion void which needs to be filled.</li>
 <li>Cochran said that a version of MakerDAO with a “pure ETH implementation” is a $2 billion market.</li>
 <li>Cochran also confirmed that an exchange having team in “crypto native trenches” is a $10 billion market.</li>
</ul>
Adam Cochran, a partner at Cinneamhain Ventures, <a href="https://x.com/adamscochran/status/1829373799130628164" target="_blank" rel="noopener noreferrer nofollow">identified four significant opportunities</a> left vacant by the collapse of FTX, the digital asset trading platform founded by Sam Bankman-Fried (SBF). These opportunities, valued at around $10 billion each, include:
<ul class="wp-block-list">
 <li>A cross-margin international perps exchange without restrictive capitalizations.</li>
 <li>A platform for efficiently exchanging different stablecoins at par.</li>
 <li>Diverse on-ramps for non-US clients, avoiding regional exchange fragmentation.</li>
 <li>A digital asset exchange that fosters a sense of trust and community among investors.</li>
</ul>
Cochran also highlighted the potential for a MakerDAO-like platform with a pure ETH implementation, estimating its value at $2 billion. He noted that this is a significant gap in the industry left by the absence of a major player.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “The only other gap that big in the industry that …
</blockquote>
The post <a href="https://coinedition.com/filling-the-ftx-void-4-new-crypto-billion-dollar-ideas/" rel="noopener noreferrer nofollow">Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Filling the FTX Void: 4 New Crypto Billion-Dollar Ideas

Coin Edition

Other articles published on Aug 30, 2024

Best Crypto to Buy Now August 30 – Conflux, Ondo, Stacks

Australia’s Crypto ATM Growth Sparks Regulatory Attention Amid Global Decline

Cardano Chang Upgrade Launch Set For September 1: Here’s All The Details

SUN Meme Coin Primed for Meteoric Rise, Experts Reveal Bullish Price Signals

Donald Trump Launches Fourth NFT Collection with Exclusive Physical Rewards

Binance to support Cardano’s Chang hard fork

Join our free newsletter for daily crypto updates!