DEX and OTC Brokers Adoption Growing Significantly Since 2019, More Than Centralized Exchanges: Report

Decentralized exchanges (DEXs) and OTC brokers are gaining adoption as centralized and high-risk exchanges see their number dip slightly, according to a new report by blockchain analytics firm Chainalysis. As cryptocurrency adoption grows and attracts institutional investors, the value moving to exchanges is trending upwards to its highest above $750 billion in May 2021…