#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Zhu Su's Detailed Explanation of Deribit's Path to Success: Focus on the B2B Market and Robust Operating Strategies
Gate.io News bot message, former Three Arrows Capital co-founder Zhu Su recently published an analysis of the success of the crypto derivatives trading platform Deribit. He pointed out that Deribit gained an advantage by occupying the B2B enterprise market, with institutions like Babel concentrating trading flow on the platform. Three Arrows Capital promoted bullish call options and gamma squeeze market.
Despite the overall optimism of venture capital in the development of DeFi Options, only Ribbon and Hegic have gained some market recognition, while major market makers still choose to conduct risk clearing on the Deribit platform. Zhu Su stated that Deribit rejected the proposal to issue platform tokens and also avoided launching Options business on altcoins.
Deribit stands out in the market ultimately due to its high availability, risk management, product stability, and user-oriented business strategy.