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Suspicious behavior on Kraken exemplifies the gap between crypto and legacy market structure

by Ryan Todd

March 12, 2019, 6:24PM EDT  ·  6 min read

Quick Take

  • Amidst new leadership hires, The Block received reports of less than desirable institutional support at Kraken
  • The gap between legacy equity market structure and crypto continues to be a roadblock for institutional investors that require specific fiduciary benchmarks to be met

by Ryan Todd

March 12, 2019, 6:24PM EDT  ·  6 min read

While analysis of wash trading and other manipulative practices across crypto exchanges continues to surface, even the more respected exchanges can flash signs of shortcomings in the crypto market. In terms of institutional coverage, the gap between legacy equity market structure and crypto continues to be a roadblock for institutional investors that require specific fiduciary benchmarks to be met.