Crypto Mainstreaming Mostly a One-Way Road
While cryptocurrencies are increasingly entering the mainstream, many developments appear to be the case of decentralized finance entering the world of traditional finance and less so the other way around.
This year may well turn out to be another major milestone year for the adoption of cryptocurrencies and the digital asset class’ further inroads into the mainstream. One noteworthy trend is the effort to bridge companies and asset owners in the world of decentralized finance (DeFi) to traditional finance (TradFi).
Some DeFi firms, for example, are seeking access to traditional banking infrastructure such as crypto prime broker FalconX which announced a strategic partnership yesterday with…