Decentralization 'absolutely essential' in building crypto capital markets

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Decentralization 'absolutely essential' in building crypto capital markets
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  • 📰 Cointelegraph
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DeFi platforms and token bridges are “unusable” according to one industry insider. If they were more user-friendly, crypto adoption could increase much faster and bring digital assets into capital markets.

If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider.

Co-founder of crypto financial service provider VegaX Holdings Sang Lee told Cointelegraph today that incumbent financial institutions have simply been left behind by the rapid pace of developments in the crypto industry. Lee believes decentralization is likely the most important thing that will help crypto enter capital markets. Decentralization involves removing costly intermediaries in decision making and in executing transactions.

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