“This subsequent period of institutional adoption needs to be finished through a tech-focused mindset first; you’ll be able to’t simply throw a steadiness sheet at it,” Ballensweig stated in an interview with CoinDesk. “Once I heard [BitGo CEO] Mike Belshe’s imaginative and prescient for this, it was exactly how I might have designed this subsequent institutional buying and selling part, with the separation of custody and buying and selling and settlement.”