The post CEXs Evolve Into Finance Platforms Amid Revolut IPO appeared on BitcoinEthereumNews.com.

Centralized exchanges are shifting from trading venues to regulated finance platforms. IPO fundraising, app innovation, and stricter oversight reveal a structural change in how institutions and consumers access markets. At the same time, perpetual DEXs surged past $2.6 trillion in trades in 2025, showing how decentralized rivals are gaining traction with custody-free leverage and speed. This transition matters because it determines whether CEXs become systemic finance hubs—subject to bank-like standards and investor capital flows—or risk losing ground to decentralized rivals. IPO Momentum Signals a Shift in Exchange Models Sponsored Sponsored Latest Update Kraken secured $500 million to speed its IPO and strengthen links with traditional finance. Meanwhile, Gemini capped proceeds at $425 million after heavy demand. Revolut is considering a $75 billion dual London–New York listing, which would mark the first debut on both the FTSE100 and the NYSE at once. Background Context Revolut, valued at $75 billion with 65 million users, including 12 million in the UK, has raised $3.77 billion to expand into crypto, brokerage, and banking. In addition, a UK rule change allows large firms to join the FTSE100 within five days of listing, boosting index demand. Shift Markets reported that exchanges are maturing into multi-service hubs. Moreover, Animoca Brands argued these moves show CEX becoming gateways for payments, identity, and tokenized assets. Exchanges Transform Into Super-Apps for Global Users Kaiko found liquidity concentrated in the top five venues, while challengers expand regionally with new services. Sponsored Sponsored Kaiko Q2 2025: Coinbase, Kraken, Binance lead spot market. Coin Metrics reported that CEXs still dominate volumes even as on-chain settlement grows, suggesting complementary roles. Consequently, Bitwise observed that institutions prefer regulated exchanges for custody and risk management. Behind the Scenes Coinbase launched Base App, merging trading, payments, and social feeds. In Asia, LINE NEXT and Kaia introduced Unify to embed…

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Filed under: News - @ September 30, 2025 5:29 pm