TradFi will keep its distance until DeFi becomes a manageable risk

Traditional Finance Treading Cautiously as DeFi Grows More Secure

In the realm of finance, traditional institutions are hesitant to fully embrace the disruptive force of decentralized technology. Known as “trad-fi,” this sector is cautious about integrating blockchain and cryptocurrency into its operations. While fintech companies and startups are leveraging these innovations to revolutionize the industry, the traditional finance sector is keeping its distance. Historically, traditional finance has been slow t…

TradFi will keep its distance until DeFi becomes a manageable risk

Traditional finance remains cautious of decentralized finance, but there are opportunities for collaboration.