Host Tom Shaughnessy talks to Pankaj Balani, CEO and co-founder of Delta Exchange. They discuss the differences between derivatives exchanges vs traditional exchanges, market stability, current engineering challenges, and more.

Episode Highlights:

• Pankaj began in derivatives trading in Hong Kong before moving into hedge funds.

Key Points:

1. The lack of cooperation from major banks has held the development of crypto back.

Quotes

• “The genesis of derivative products, the need, it basically arose from the fact that people need to protect themselves against price movements.” –Pankaj Balani

• “We are always very available to any kind of discussions. That’s the beauty of working in cryptos—you run a company and you’re interacting with your customers.” –Pankaj Balani

Support The Show

• ZenLedger is the official tax software of Chain Reaction for crypto investors and accountants. Get a 15% discount when you use code Chain15.

• https://bit.ly/3bundEl

• https://www.delta.exchange/Tom

Resources Mentioned: 

• Chain Reaction Twitter: https://twitter.com/chainpodcast