It's an interesting idea. I guess is an institution is going to take on crypto exposure they'll need all the trimmings including real-time market data in order

It's an interesting idea. I guess is an institution is going to take on crypto exposure they'll need all the trimmings including real-time market data in order to properly manage their exposure. But beyond the basic risk management... there's not much actual trading going on, is there? What drives the need for low latency? The crypto space has fewer assets than the actual real-currency FOREX market and it's not driven by real economic data, right? The only real "strategy" is momentum trading, right? It's just not clear what low-latency is buying you here.