What’s Stopping Institutions from Moving Headlong into Digital Assets?

Mercer is the CEO of LMAX Group, a global, high-growth financial technology company based in London

article-image

David Mercer, CEO, LMAX Group

share

In this video, Blockworks’ “Forward Guidance” podcast host Jack Farley sat down with David Mercer, CEO, LMAX Group, at Blockworks Digital Asset Summit in London to talk about the “three Ts and two Cs” stopping institutions from moving headlong into digital assets.

Mercer is the CEO of LMAX Group, a global, high-growth financial technology company based in London. A former City banking executive and currency specialist, he joined LMAX Group in 2011 and after a successful management buyout, rapidly built LMAX Group into the leading operator of institutional FX and cryptocurrency exchanges with offices in 11 countries and a global client base.

An outspoken industry commentator, David is a long-term champion of the UK’s fintech sector and passionate about supporting entrepreneurship in the UK.

Watch the full interview below.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (19).png

Research

Built on Solana, Loopscale is an orderbook-based lending protocol that pairs the efficiency of direct market matching with the flexibility and UX of modular protocols. We believe Loopscale can help scale NNAs in Solana DeFi and act as their foundational credit layer. Stablecoin deposits and select USD-pegged Loops on Loopscale are offering competitive yields, with an additional upside from farming the protocol and adjacent ecosystem projects (e.g., OnRe, Hylo) for potential future airdrops.

article-image

A recent mistrial illustrates how juries need more background information when it comes to judging complex systems like Ethereum

article-image

The Senate advanced a bipartisan funding package aimed at ending the shutdown, and bitcoin rose from its $100K bottom

article-image

The team is betting that a 20-minute hardware trust window beats a new alt-L1

article-image

To learn how to navigate the physical world, robots need visual data

article-image

Risks and illiquidity come to surface in the wake of a red October

article-image

Advice from Neal Stephenson, Kyle Broflovski, and Crypto Mom on building in crypto