DeFi security and compliance must be improved to attract institutions

Source: https://cointelegraph.com/news/de-fi-security-and-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

In the rapidly evolving world of decentralized finance (DeFi), institutional players are increasingly showing interest in the potential growth opportunities. Sergej Kunz, the co-founder of 1inch, emphasizes the importance of creating secure and compliant DeFi platforms to establish trust and attract more institutions to the space.

The analogy of "clear waters attract big ships" paints a vivid picture of the potential for DeFi to become a preferred destination for institutional investment. Kunz highlights the significant increase in institutional adoption of DeFi over the past few years, with projections indicating a rise to 65% by 2025. Notable players like Goldman Sachs and Visa are already making moves into the DeFi space, signaling a shift towards mainstream adoption.

However, Kunz also

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