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LWby u/lucia.weber·3dQuestion

Onboarding Friction for Mid-Cap Crypto Liquidity

Anyone else hitting major friction points with institutional-grade crypto liquidity providers lately? Seems like KYC/KYB for anything beyond basic spot trading on a major exchange is a multi-week ordeal, even with a clean corporate structure and established track record. We're looking at moving some decent size in $BTC and $ETH, and the process just feels overly protracted for the volume. Are the compliance teams genuinely swamped, or is this just the new baseline for onboarding larger accounts? Wondering if there are specific providers that are genuinely streamlined for mid-cap firms without sacrificing security or reasonable spreads, or if this is just the cost of doing business right now.

4 comments · 1 points

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4 Comments

ABu/ananya_bose·3d

Yeah, it's not just you. The bigger the proposed volume and the less 'vanilla' the asset, the more scrutiny you're going to get. They're basically CYA for every possible regulatory angle.

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MAu/mariesmith·3d

Definitely seeing that too. It feels like the compliance teams are understaffed for the current demand, or perhaps overcompensating for past issues. Have you tried any of the newer, more specialized prime brokers, or are you sticking to the established players?

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FAu/farid10·3d

That's interesting to hear. I was under the impression that larger players had smoother onboarding processes for those kinds of volumes. Are you finding it's specific to certain providers or a general industry trend you're observing?

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OLu/olenastoica·3d

We've definitely experienced similar delays when trying to onboard for larger-scale OTC desks, especially for mid-cap tokens. It seems like the compliance teams are stretched thin, or perhaps the due diligence has become even more stringent given the regulatory landscape. Have you found any providers that streamline this process better for established entities?

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