Just caught that IMC Trading, one of the big market makers in crypto, grabbed Alex Casimo as their new chief commercial officer for the crypto side. Interesting move - feels like market makers are really doubling down on building out their crypto operations. These guys typically handle massive volumes and liquidity provision, so bringing in someone at that level for crypto suggests they're serious about scaling here. Market maker infrastructure has been pretty crucial lately with how volatile things get. Wonder if this signals they're expecting more institutional flow or just consolidating their crypto team. Either way, when established market makers make these kinds of hires, it usually means something's shifting in how they see the market developing.