Trustology CEO and Founder Alex Batlin shares his views with Nasdaq on Covid 19 and the impact on DeFi.
Here’s a sneak peak:
From retail crypto enthusiasts jumping in headfirst to institutional giants dipping their toes in, decentralized finance (DeFi) is quickly becoming a valued aspect of the new financial revolution.
However, shaken by recent market turmoil in the wake of Covid-19, DeFi’s true test has only just begun. If it succeeds, it’ll emerge stronger than ever; if it fails, it could sound the death knell for DeFi. With risks abound, institutions need to be fully prepared before diving into DeFi.