Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
Briefly

Galaxy Digital's first over-the-counter (OTC) option trade, executed earlier this week, marks a tangible step toward bringing the conventional financial system onto decentralized finance (DeFi) infrastructure.FTX's blowup and the collapse of several crypto lenders brought attention to the risks of centralized finance (CeFi) - AKA trusting one's money with a company, rather than a protocol - providing a tailwind for DeFi.
Read at Coindesk
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