Bridging TradFi with crypto innovations: AMA with XBTO
The latest Cointelegraph AMA, live on October 25, 2023, covered the journey of XBTO, a comprehensive platform for digital assets and tailored investment solutions catered to sophisticated non-US investors and institutions.. The special guest invited to talk about XBTO’s journey, impactful partnerships and position in the industry was Philippe Bekhazi, CEO and founder of XBTO.
Unlocking the Future of Institutional Crypto Trading & Custody: XBTO AMA https://t.co/qQtVcDsHVK
“We started in 2015 with the premise that the crypto space would be around for a long time. We wanted to build digital asset products around this premise and make the ecosystem a better place. So our first focus was to improve liquidity on pretty much every relevant exchange at the time,” Bekhazi said of the company’s origins.
“I think one of the things that have kept us in the game is our emphasis on risk management, whether it’s market risk, operational risk, or legal risk. Over the years, XBTO has expanded to offer trading, venture capital, asset management, custody and other services while applying management concepts from traditional finance,” he added.
The discussion also touched on how the needs of institutional traders and investors have changed over the years and the importance of providing certainty around compliance, governance and security of assets. “While many exchanges provide proof of reserves, it’s difficult to verify individual Bitcoin holdings on the blockchain. To address this, we introduced the segregated vault custody solution, which allows individual vaults to be auditable on the blockchain at any time,” Bekhazi said, discussing the recent acquisition of the Stablehouse platform (subject to regulatory approval), which enhanced
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