Centralized Exchanges Evolve Into Regulated Finance Hubs

[lingriiddd]

Centralized exchanges are shifting beyond trading, positioning themselves as multi-service financial platforms. IPO fundraising, app innovation, and tighter oversight signal a structural change in how both institutions and retail investors access markets.

Kraken raised $500 million to accelerate its IPO, while Gemini capped at $425 million amid high demand. Revolut is exploring a $75 billion dual London–New York listing, marking the first debut on both the FTSE100 and NYSE simultaneously.

Meanwhile, exchanges are launching super-apps that merge trading, payments, and social features. Coinbase’s Base App, and Asia’s LINE NEXT and Kaia Unify, exemplify this trend, targeting daily finance users beyond traditional traders.

Analysts warn that regulatory recognition, custody rules, and cross-border compliance will determine which CEXs thrive—especially as decentralized exchanges (DEXs) gain traction with $2.6 trillion in perpetual trades in 2025.

[Pitchfork_IS_power]

Strong Q2 snapshot Centralized exchanges are evolving into full financial platforms — IPOs, super-apps, and cross-border compliance shaping the future Excited to see how CEX vs DEX dynamics play out with $2.6T in trades this year

[Nahid10]

Exchanges like Kraken raising big money show CEXs are evolving into full financial platforms.