TradFi's adoption of DeFi infrastructure is ongoing, despite its negative press. Could this mean mainstream integration is close?
While DeFi, could be powerful in improving lending, it has collateral limitations that on-chain reputation could solve.
The Silicon Valley Bank (SVB) collapse will improve financial system health if it moves systems towards decentralized finance (DeFi). That pulls them away from the single points of failure that caused the most damage over the past few weeks, Paystand CEO Jeremy Almond said.
The whole of finance has felt SVB's ripples. Crypto is no exception. Some are evaluating DeFi as a influencer of changes to the system.
With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
Tokenization has been set for some time to cause disruption but open finance incorporation may be key to realize its growth.
Last year was the year of CeFi collapses. While detrimental, investigations are shedding a light on CeFi's (not DeFi's) lack of transparency.
Despite an onslaught of regulatory pressure on crypto and industry challenges, an interest in digital assets continues.
The DeFi regulatory landscape is experiencing a shift, and it seems, no-one is safe. Compliance is becoming ever more challenging.
The memes and trivial announcements surrounding metaverses hide their true potential. Financial services could be fundamental.