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Home›Crypto›Market Structure›NEAR co-founder says onchain tools reduce need for cen…

NEAR co-founder says onchain tools reduce need for centralized exchanges

Reported · Written up by our desk · Market Structure

NEAR co-founder Illia Polosukhin said users no longer need centralized exchanges for much crypto activity, pointing to the growth of onchain tools, according to The Block.

Polosukhin made the remarks as part of NEAR’s broader view that onchain capabilities are increasingly covering use cases that previously required centralized trading platforms, The Block reported.

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Sources

The BlockNEAR’s Polosukhin sees shrinking need for centralized exchanges as onchain tools expand

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