DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec

Cointelegraph

Published Sep 01, 2022 08:54AM ET

Updated Sep 01, 2022 11:20AM ET

The decentralized finance (DeFi) ecosystem scored another win against traditional finance, often called TradFi, with a former Morgan Stanley (NYSE:MS) executive launching a DeFi protocol.

Kevin Lepsoe, the former head of structuring for Morgan Stanley, aims to deliver an institutional fixed income scheme that offers fixed and floating rates with his new project Infinity Exchange.

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