Are Banks Getting Nervous About Competition From DeFi?

A new research paper from ING suggests that, at the very least, they’re paying more attention.

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A new research paper from ING suggests that, at the very least, they’re paying more attention.

This episode is sponsored by Nexo.io, NEAR.org and Genesis Trading.

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Our main discussion:

While the last year has seen a massive amount of growth in decentralized finance, it has been mostly driven by enfranchised insiders and builders. In this bull market, that is starting to change. In today’s episode, NLW looks at a recent paper by the $1.1 trillion bank ING around where DeFi fits in the context of traditional finance.

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HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.