Prime brokerages are key actors in legacy finance. This will be true in crypto whether that is a more centralised entity such as Coinbase or Gemini, or an amalgamation of defi protocols. This article discusses what a defi prime brokerage may look like, how risks will be different and where it can excel.
"In traditional finance, when you hit BUY on screen. The experience is seamless, and in a few seconds you have price exposure to a financial product. Behind the scenes an absurd amount of financial engineering and infrastructure allows for such a seamless experience."