Time | Details |
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2024-06-27 23:15 |
TradFi Transitioning to CuteFi for Gen Z
According to Ki Young Ju, traditional finance (TradFi) is evolving into a more appealing and user-friendly form, dubbed CuteFi, to attract the Gen Z demographic. This trend indicates a shift towards more engaging and accessible financial products tailored for younger generations, which could impact the adoption rates of various financial technologies and cryptocurrencies. (Source) |
2024-07-12 15:21 |
Goldman Sachs Joins Major TradFi Firms in Crypto Expansion
According to @_RichardTeng, Goldman Sachs is joining other traditional finance giants such as BlackRock and Fidelity in expanding their involvement in the cryptocurrency market. This move signifies a growing acceptance and integration of crypto within mainstream financial institutions, pointing to a promising future for the industry. (Source) |
2024-07-13 09:42 |
Richard Teng Discusses Key Crypto Topics on Making Markets Podcast
According to @RichardTeng, he recently appeared on the Making Markets podcast hosted by @ericgoldenx. During the discussion, Teng covered several critical topics including the story of Binance, the cycles observed in the cryptocurrency market, the differences between traditional finance (TradFi) and cryptocurrency, and the approval process for US ETFs. The full podcast is now available for listeners. (Source) |
2024-08-08 21:38 |
Blackrock's $IBIT Dominates as Bitcoin's Leading Layer 2 Solution
According to BitMEX Research, Blackrock's $IBIT is currently the most significant, popular, and liquid layer 2 solution for Bitcoin. The $IBIT has over 330,000 BTC locked in a custodial traditional finance (TradFi) smart contract, surpassing Ethereum in this regard. (Source) |
2024-09-03 21:22 |
Cantor's Integration of Bitcoin into Traditional Finance
According to Howard Lutnick, Bitcoin has been an outsider to the traditional finance (tradfi) community for the past five years but is now beginning to integrate into global finance. Cantor Fitzgerald will play a significant role in helping traditional finance fully embrace Bitcoin. The tradfi sector is looking for new asset classes, and Bitcoin ($BTC) is poised to become a permanent fixture. (Source) |
08:16 |
Real World Assets Gaining Traction in DeFi Market
According to Ekpono Akwaowo, the DeFi space is undergoing significant changes, with Real World Assets (RWAs) now constituting 2-3% of DeFi's Total Value Locked (TVL). This marks a substantial increase from $0.76 billion in early 2023 to $5.78 billion by November 2024. Despite an overall decline in DeFi TVL, RWAs are seen as a driving force for innovation, effectively linking traditional finance (TradFi) with decentralized finance (DeFi). This trend highlights the growing importance of RWAs in the DeFi ecosystem. (Source) |