There are two types of cryptocurrency exchanges in the cryptocurrency world; centralized exchanges (CEX) and decentralized exchanges (DEX). Both models have their pros and cons and while at World Economic Forum 2023 in Davos, Switzerland, Blockchain Journal editor-in-chief David Berlind caught up with Dylan Peters and Michael Callahan, the Chief Business Development Officer and Vice President of Marketing at Deepwaters; an exchange that is neither fish nor foul. Deepwaters has some of the operational features of a centralized exchange but unlike most CEXes (and more in DEX-like fashion) never takes control of traders' currencies (fiat or crypto). This hybrid model, according to Peters and Callahan offers crypto traders the best of both worlds.

To watch the video version of this podcast or read its full-text transcript, go to:

https://blockchainjournal.com/interview/wake-ftx-deepwaters-claims-its-hybrid-exchange-best-both-cex-and-dex-worlds/

The video can also be watched on Blockchain Journal's YouTube Channel at https://www.youtube.com/watch?v=gG_rHdIU-64