Institutional DeFi Set to Take Off in One to Three Years
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Institutional DeFi Set to Take Off in One to Three Years
July 5, 2024
Where does your financial institution stand when it comes to Decentralized Finance, or DeFi? As Justin Chapman, the global head of digital assets and financial markets at Northern Trust, is quoted in The Asset, “Substantive progress will require a continual focus on data, risk management and governance and through collaboration with strategic partners to develop an interoperable and connected ecosystem to bring all this to life.”
Here at Leap Consulting Group we keep seeing grassroots fintech being validated and even adopted by the big banks. LEAP's insurance and other financial clients are absolutely always looking at the latest trends, but being larger institutions, they will always crawl, walk, run to make sure their implementations are secure, scalable, and of course compliant.