There are multiple exchanges in the crypto space. I spent 20 years working in conventional exchanges and where I work now is very much the same.

This said, we don't appear on the radar, as a conventional exchange is not as highly profitable because they can't make use of client funds or holdings. (We offer a few other unexciting institutional services that make more money than the exchange).

One day people will realise the value in conservatism in financial markets.