[Hermel]

Yes, this is a missed opportunity for crypto. Unfortunately, securities and exchanges for securities are so heavily regulated, that it is very hard to try something like this with a “fail fast” approach and we will probably have to wait for quite a while until we see such markets happen, if at all.

To me as a computer scientist, it is astonishing that even something as simple as a web service that matches willing buyers and sellers of securities requires a license that costs millions of dollars to obtain.

[wj]

About a decade ago BATS tried to IPO on their own exchange and failed pretty spectacularly. Coinbase probably doesn't want to "fail fast" with their IPO when there are billions on the line.

[gruez]

>Yes, this is a missed opportunity for crypto. Unfortunately, securities and exchanges for securities are so heavily regulated

Makes sense, given the ICO craze back in 2017.