&gt; ...this has first mover advantage written all over it.<p>No, it doesn&#x27;t. Major financial institutions invest significantly in technology and many are already actively exploring the blockchain[1].<p>I wouldn&#x27;t go so far as to say that the Winklevii can&#x27;t stake out a position in the broader blockchain market, but a Bitcoin exchange isn&#x27;t likely to help them establish a meaningful position.<p>[1] <a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;features&#x2F;2015-09-01&#x2F;blythe-masters-tells-banks-the-blockchain-changes-everything" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;features&#x2F;2015-09-01&#x2F;blythe-mas...</a>