Exchange tokens benefit as centralized exchanges battle with DeFi platforms Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi. 43464 Total views Altcoin Watch
Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX).
Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally well in 2021 as increases in trading volumes results in a larger pool of fees to collect when the exchange’s native token is used for settlement. Native exchange tokens are also typically used as the base pair for funding new listings and token buybacks.
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The winners of the awards were as followed:
Private Bank of the Year – sponsored by Phoebus Software
Winner: Coutts
Winner: HSBC UK for Intermediaries
Bridging Lender of the Year – sponsored by Movin’ Legal
Winner: Precise Mortgages
Winner: Landbay
Winner: Legal & General
Winner: United Trust Bank
Winner: Precise Mortgages
Winner: lendCo
Winner: Legal & General
Winner: Movin’ Legal
Winner: Gateway Surveyors
Winner: Legal & General
Winner: Twenty7Tec
Winner: Barclays
Winner: Dynamo
Winner: Brightstar Financial
Winner: Legal & General Mortgage Club
Mortgage Network of the Year – sponsored by Uinsure
Winner: PRIMIS Mortgage Network