The former trading executives from Goldman Sachs and GSR have switched jobs to become CEOs in Monaco, which is quite interesting.
It seems they are really committed to strengthening the infrastructure for on-chain trading. After all, seasoned traders from traditional finance are well aware of the importance of system stability and order execution efficiency.
If DeFi truly wants to attract professional traders, relying solely on narratives won't suffice. They need to focus on team composition and the underlying logic of their products. Monaco's recent moves can be seen as a strategic play to showcase professionalism.
Let's wait and see how far a team with a traditional trading background can elevate the on-chain trading experience.
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The former trading executives from Goldman Sachs and GSR have switched jobs to become CEOs in Monaco, which is quite interesting.
It seems they are really committed to strengthening the infrastructure for on-chain trading. After all, seasoned traders from traditional finance are well aware of the importance of system stability and order execution efficiency.
If DeFi truly wants to attract professional traders, relying solely on narratives won't suffice. They need to focus on team composition and the underlying logic of their products. Monaco's recent moves can be seen as a strategic play to showcase professionalism.
Let's wait and see how far a team with a traditional trading background can elevate the on-chain trading experience.