The Legolas project, founded in France in 2017, is going to launch an innovative cryptocurrency and fiat exchange in Q3 2018. Together, Legolas Exchange and the Makor Group plan to build the first regulated and secure cryptocurrency exchange corresponding to the needs of institutional investors. Frederic Montagnon, CEO Legolas Exchange, explains: "Institutional investors want to build crypto portfolios, but they struggle with unregulated exchanges and are uncomfortable with the complexity of holding tokens and rampant price manipulation." According to Montagnon, Legolas Exchange will implement its decentralized order book and matching protocol in order to provide full transparency regarding the price of transactions and prevent price manipulation. What is Hybrid Protocol about?Today Legolas is working on a premium hybrid exchange that incorporates a decentralized ledger within its proprietary centralized platform.