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The group, dubbed Cora, includes Jump Trading, Mike Novogratz's Galaxy Digital, and DRW Cumberland are some of the participants in the 50 member group looking to establish standards and certifications around the trading and settlement of OTC crypto assets.
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The lack of trading standards hasn't been given the same attention as other market structure deficiencies in crypto, such as the lack of prime-brokers and proper custodians in the market. But it is something that could help lure in new market participants, including large Wall Street investors, Nursey said.
https://finance.yahoo.com/news/jump-trading-galaxy-digital-many-173406672.html
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