The crypto industry just recorded its biggest M&A quarter ever—targeting foundational components of the securities industry including prime brokers, fund admins, and trading platforms. A fundamental shift is underway, fueled by the promise of tokenization and on-chain securities, and all corners of the capital markets ecosystem should be paying attention. In Traders Magazine, @PrometheumInc's Aaron Kaplan breaks down what this means for the securities industry and broker-dealers—and how to stay ahead. Read the op-ed: prometheum.com/insights/cryp… #brokerdealers #digitalassets #tokenization #capitalmarkets #Prometheum