Golden Finance reported that Deribit CEO Luuk Strijers said that he doubted the sustainability of many crypto trading platforms due to regulatory pressure. He said: “I think a lot of platforms will cease to exist, so rather I think the regulatory framework will tighten globally and make many of the currently huge list of platforms no longer viable, either because of operational costs. Too high, or regulators will simply shut them down." Strijers predicts that as the industry matures, only a few platforms will be able to thrive. He said: “If you want to serve institutional clients globally, but perhaps more importantly retail clients, the regulatory framework is already very stringent and is only going to get stringent, so ultimately, the trading volumes are simply not enough to allow them to It’s all sustainable, so I think there’s going to be a massive shift and the focus is going to be on the top customers.”