From Metaverse to Institutional Money: Why Real-World Assets Are Blockchain’s Real Breakthrough
After Bitcoin, decentralized finance (DeFi) is the most significant innovation that came out of the blockchain paradigm. DeFi’s rapid growth mirrors its ambitious goal of recreating finance, having gone from under $1 billion total value locked (TVL) in early 2020 to $174 billion by late 2021. As FTX and other crypto bankruptcies cooled down DeFi…