A Financial Revolution is Already Underway
The current global financial system manages over $111 trillion in assets, and does so entirely in isolated silos running proprietary technology stacks, relying on enormous levels of human process in order to conduct business between parties. Decentralized finance (DeFi) offers a quantum leap forward, making it possible to conduct those same interactions (and many new ones!) programmatically, on a completely interoperable platform.
The nascent DeFi space already represents over $13 billion in assets and is growing at a furious pace, with another $63 billion predicted in the next two years (and if we haven’t updated this page in the last week, then those numbers have only gotten higher).
Companies around the world are waking up to the magnitude of the opportunity presented by DeFi, and banking services are being rapidly unbundled, but there’s a problem…