Institutions don't need an L1. They want control over revenue, customization, security, liquidity and distribution. Here's why a dedicated blockchain with the Arbitrum Platform, in the form of an L2, is the best option. 0:00 Costs 1:15 Revenue 2:04 Customization 2:59 Security & finality 5:16 Operational complexity 5:57 Liquidity & distribution 6:37 Launch & migrate(Arbitrum)