BlockBeats news, on June 16, Consensys founder and Ethereum co-founder Joseph Rubin posted on X platform stating that more and more traditional companies are adopting ETH and BTC (as well as some other digital assets) financial strategies, indicating that TradFi is massively incorporating DeFi. Against this backdrop, Wall Street will be motivated to delve into and learn the principles of these strategies, gaining a deeper understanding of the details of Bitcoin and Ethereum.
Joseph Rubin said that as Wall Street becomes excited, DeFi will gradually normalize and grow, and consumers and businesses will subsequently build end-user applications that go beyond DeFi. Companies can use and issue tokens and participate in DeFi without worrying about sanctions, and the paradigm shift to decentralization in the global economic system is accelerating.