According to CoinDesk, a recent survey by the World Federation of Exchanges (WFE) reveals that traditional financial exchanges are divided on their stance towards offering crypto-related products and services. The WFE conducted the survey as part of a study on cryptocurrency trading infrastructure, polling its member exchanges. Out of the 29 respondents, 12 (41%) stated they are already offering crypto-related products or services, while seven more plan to do so in the future. However, over a third of the respondents indicated they have no such plans.

The survey also found that there is generally greater retail demand for crypto products than institutional demand. Retail investors tend to be more interested in non-fungible tokens (NFTs) and stablecoins, while institutional investors are more likely to seek security tokens and custody services. Only 26% of respondents believe that crypto assets will become mainstream within the next five years.

The survey took place between May and July 2022, prior to the collapse of crypto exchange FTX, which raised concerns about opaque business practices and lack of regulatory clarity in the cryptocurrency industry. The WFE has over 250 members, including major exchanges such as Nasdaq, Deutsche Boerse, and Switzerland's SIX Group.