ChainCatcher message, Consensys founder and Ethereum co-founder Joseph Rubin stated on platform X that more and more traditional companies are adopting ETH and BTC (as well as some other digital assets) as part of their financial strategies, indicating that TradFi is massively integrating DeFi. In this context, Wall Street will be motivated to delve into and learn the principles of these strategies, gaining deeper insights into the details of Bitcoin and Ethereum.
Once Wall Street gets excited, DeFi will gradually normalize and grow, and consumers and businesses will subsequently build end-user applications that go beyond DeFi. Businesses can use and issue tokens and participate in DeFi without worrying about sanctions, and the paradigm shift towards decentralization in the global economic system is accelerating.