Custody, settlement, and exchange will get way more simpler.
Thanks for sharing @m, a very interesting read!
@m great read! I definitely think direct listings will be the future. Particularly with startups using crowdfunding platforms, they have the liquidity from their early stage investors to make a direct listing a viable option.
With the part on Central banks launching consumer facing products. The Bank of Lithuania already issues iBan / holds client accounts for EMI License holders - it’s a small step into offering this direct to consumers.
Really great article, thanks for sharing!