Just finished reading Vlad Anderson's latest breakdown, and it's a really solid read. He dives deep into how the core architectural decisions a fintech makes directly influence their Customer Acquisition Cost (CAC) and Lifetime Value (LTV).
What's cool is he doesn't just talk theory; he compares real-world models from major players like Cobo, Kraken, Fireblocks, and WhiteBIT. It gives a clear picture of how different approaches play out in practice.
Definitely worth checking out if you're keen on understanding the financial implications of institutional crypto infrastructure for platforms dealing with
$BTC ,
$ETH , or even
$SOL . Super relevant insights for anyone in the space.
#Fintech #CryptoInfrastructure #CAC #LTV #OnChainAnalysis