💎 Ethereum: Positioned as the Foundation for Digital Finance, Says Former BlackRock Executive 🏦
Joseph Chalom (Co-CEO of Sharplink and former Head of Digital Assets at BlackRock) strongly believes that Ethereum will serve as the core infrastructure for digital finance on Wall Street.
He emphasizes that Ethereum fulfills the three critical qualities that financial institutions prioritize:
Trust ✅
Security 🔒
Liquidity 💧
Chalom describes Ethereum as a 'Multi-purpose' platform capable of supporting financial transactions, lending, trading, NFTs, and complex applications. He refers to Bitcoin simply as an 'Excellent Store of Value.'
According to him, through Ethereum, the old 'Financial pipelines' can be rebuilt to be faster, cheaper, and more secure.
"Eventually, we will no longer differentiate between DeFi and TradFi; it will simply be known as Finance, with Ethereum as the underlying infrastructure supporting it all."
This news is sourced from the Binance Verified Page.
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