Kraken's Arjun Sethi Predicts Convergence of CEXs and DEXs

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Derived from Cryptofrontnews, Kraken Co-CEO Arjun Sethi outlined three phases of crypto trading evolution, emphasizing a hybrid era where centralized and decentralized exchanges converge. Sethi explained that future markets will prioritize shared liquidity over shared custody, with CEXs adopting on-chain transparency and AI compliance, while DEXs focus on usability and innovation. He described the current phase as integrating unified liquidity, compliance, and identity solutions across both exchange types, aiming to create a self-regulating market system.

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