The cryptocurrency industry is, by all accounts, in its infancy. The first every cryptocurrency, Bitcoin, just recently celebrated its tenth birthday. In as many years, the coin has had a massive boom and bust cycle, and a host of other cryptocurrencies have sprung up in the market space.
As with other industries, when truly innovative creations take shape, they often appropriate existing solutions to maintain functionality. Cryptocurrencies were no different, using traditional equities and bond trading platforms to allow investors to buy and sell. However, as the market has matured, the glaring problems facing cryptocurrency exchanges are become evident, highlighting the need for industry-specific solutions.