Disclosure: Delphi Ventures has invested in UNI and SUSHI. Members of our team hold BNB, FTT, ZRX and other exchange tokens. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token. This content is for informational purposes only and you should not make decisions based solely on it. This is not investment advice
Centralized cryptocurrency exchange (“CEX”) tokens have seen a stellar run up year to date, with BNB and FTT outperforming the likes of Uniswap and Sushi. For the majority of retail users, CEXs are the gatekeeper to the proverbial crypto rabbit hole, providing much needed functionality like fiat on/off ramps, customer service and a sense of easy to attain security (not everyone wants to be responsible for personal custody and that’s ok).
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