{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"We’re entering the next phase of crypto derivatives","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/64c8bc50\"></iframe>","width":"100%","height":180,"duration":2307,"description":"Luke Hoersten is the founder and CEO of Bitnomial — a derivatives exchange that aims to replace the underlying rails of the global commodities trading market with crypto.\nBitnomial has obtained regulatory approval for an exchange license, a clearinghouse license and a brokerage license, making them the first business to have all three licenses under one roof.\nIn this episode, Hoersten discusses the technical innovation to collateral management and trading offered by crypto and the future of collateral management in the crypto derivatives market. \n\nOUTLINE\n00:00 Introduction\n04:36 Bitnomial's Licenses\n05:48 Bitnomial's Product Suite\n07:46 Competition \n12:09 Phases of Crypto Collateral \n19:01 CME Marketshare \n21:07 Importance of Derivatives \n24:55 Future of Crypto Derivitives \n32:18 Onshore vs. Offshore Derivatives \n35:09 TradFi Perps \n37:37 Closing Thoughts","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}