Finding the sweet spot: Traditional financial institutions ready for DeFi

Cointelegraph

Published Jul 25, 2021 09:14AM ET

Updated Jul 26, 2021 12:20PM ET

Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted. Blockchain networks and their consensus mechanisms never made sense to the traditional investor, but decentralized finance, or DeFi? That’s something everyone’s looking to get behind.

Traditional investors are more used to concepts like stocks and real estate, focusing on aspects like revenue, monthly active users and cash flows, making DeFi a far better entry point into blockchain for them. Over the last year, DeFi projects have been popping up across the globe, drawing billions of dollars into the niche industry.

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