Five exchanges. One OP Stack.
Coinbase, Kraken, OKX, Upbit, Bitpanda. Different products, different markets. Same chain stack.
$495M in application revenue across these chains in H2 2025.
For exchanges, the business case for running your own infrastructure is simple:
You capture the value.
Instead of renting blockspace, you own the network powering your business.
@kylejenke explains why on @NYSE TV from the @money2020 floor.
"Dynamic embeds a non-custodial wallet inside an existing platform. It's invisible. No one sees it. But it lets users access investments they couldn't do before."
@turbahn of @dynamic_xyz with @AlimKhamisa of @Optimism on the Main Stage at ETHConf.
1/ Moving money just got a whole lot easier. You can now send fiat in 6 different currencies across 120+ countries.
Pay for your rent, your bills, send money back to your home country and more — all with ether.fi.
NYSE is signaling a move to 24/7 onchain settlement. @kylejenke on the cascade effect for global market infrastructure, from the @incrypted Conference.