Decentralized finance is a game that anyone can play. Hosted on a level playing field, it’s a sport that doesn’t discriminate. Rich or poor, professional or amateur, consumer or institution: It makes no difference.

Given the rich opportunities available within DeFi — attractive yields, liquidity, global accessibility and round-the-clock availability — it’s worth pondering what’s preventing bigger fish from entering. Particularly those with the technical means and the money to extract the most value out of decentralized finance — institutions.

What’s keeping TradFi away?

In the wake of the first bitcoin ETF, institutional interest in crypto is riding high. Major players…

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