WhiteSight

Banking on the Future: DeFi-nitive Steps to Embrace Crypto and Blockchain

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The world has been quick to realize the avant-garde and empowering potential of digital currencies and assets in the last few years, and correspondingly made moves to adopt it as a tool towards financial freedom and unprecedented transparency. As FinTechs, venture capital funds, investors, and even the general public at large are showing keen interest in crypto, financial institutions can no longer afford to overlook the efficiency and potential of crypto assets; one that comes with a widely held commitment and belief that cryptocurrencies will be an important block in building the future of money.While financial institutions have been swinging hot and cold on crypto offerings, keeping in line with the uncertain regulatory stance, not much can stop them from experimenting and implementing these technologies in their operational models or investing in startups that are doing so. With this piece, we take a look at what some of the financial services big-shots are doing when it comes to crypto, and how committed they really are to the cause. Ingenious InvestmentsEven though the notion of banks becoming crypto-curious stems as far back as 2012, it’s only recently that financial institutions have begun to build around the decentralized ecosystem. Many of the […]
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