just saw that B2C2 brought in Rob Catalanello from Wall Street to head up their US operations. interesting move - dude's got serious FX trading background which makes sense given how crypto market making is basically evolving into that direction. Rob Catalanello coming from traditional markets is kind of the pattern we're seeing everywhere now. bigger players are def taking US expansion more seriously, especially after all the regulatory stuff.

B2C2 already does the institutional liquidity thing pretty well, but having someone like Rob Catalanello with that traditional finance pedigree could be the push they need to scale here. feels like the market infrastructure space is getting way more competitive. curious if other market makers are going to follow suit with similar hires. anyone else tracking this kind of movement?