I'm interested to see how the DeFi situation will evolve once it goes past frenzy stage. At the moment, I'm testing out CeFi options and finding it pretty decent but like you say, it comes down to trust. If you don't trust the CeFi company then keep the keys to your crypto and wait for DeFi to become a bit more developed.
This is going to be an exciting decade!
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I think the DeFi situation will keep evolving and growing into a legitimate option for all individuals and entities. We will have to get through this insane phase, which will provide a great deal of innovation while also causing a lot of failure. That is just the process that is required.
Behind the scenes, there is a lot going on as evidenced by the link in the article. This is a company that is headed by people from the traditional financial realm who understand the shortcomings of that system while also knowing enough about blockchain and crypto to start the process of helping to erect a new one.
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