👀 Despite DeFi being just around $150 billion, or 0.5% of the $30 trillion TradFi market, Wall Street is making strides to close this gap:
👀 Despite DeFi being just around $150 billion, or 0.5% of the $30 trillion TradFi market, Wall Street is making strides to close this gap:
• BlackRock offers $87 billion in spot BTC ETFs and $10 billion in ETH ETFs
• BUIDL has introduced a tokenized U.S.
Treasury fund worth $2.4 billion on Ethereum
• JPM Kinexys is running on-chain FX and repo trial programs
• Goldman and BNY Mellon are experimenting with tokenized money-market funds
• UBS, Citi, and HSBC are issuing tokenized bonds