Pantera Capital: Since October, the market share of compliant exchanges like Coinbase has increased by 30%

ChainCatcher news, Pantera Capital stated in its December investor letter that the market share of regulated, transparent, onshore, and/or audited exchanges is rapidly increasing compared to offshore exchanges. Since October, the market share of exchanges such as Coinbase, Kraken, Upbit, and Bitstamp has increased by 30 percentage points.

In addition, Pantera also mentioned that it hired Ernst & Young for the first audit of its crypto entities nine years ago, and four years ago, Ernst & Young was again hired to audit Bitstamp. (source link)