S&P Global Ratings takes a deep dive into DeFi securitization and what it could mean for traditional finance. (Reporting via forgeforth_)
Decentralized finance’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings.
“The early development of DeFi focused primarily on applications providing financial services within the crypto ecosystem, such as lending collateralized by crypto assets, investment tools for crypto assets, and crypto trading platforms,” analysts Andrew O’Neill, Alexandre Birry, Lapo Guadagnuolo and Vanessa Purwin wrote, adding:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Week in DeFi: Zhejiang Testnet, Subnets Galore and an EVM-Driven Cosmos | CoinMarketCap👉Ethereum takes one step closer to the Shanghai Upgrade 👉Avalanche sees a bunch of subnets launch 👉Cosmos sees movement in the ecosystem being largely driven by Ethereum Virtual Machine (EVM) compatible chains activity. & more DeFi news last week
Read more »
'This Is Criminal': BP Cuts Climate Pledges While Reporting Record $28 Billion in Profit'Just when we need to be rolling back oil and gas production, BP is rolling back its climate commitments.'
Read more »
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market – Defi Bitcoin NewsAs of Feb. 7, 2023, the value locked in 11 Ethereum based liquid staking protocols has risen above $11 billion.
Read more »
BP Cuts Climate Pledges While Reporting Record-Shattering ProfitsBP, announced Tuesday that it is slashing its emission-reduction goals and planning more fossil fuel output than previously expected after reporting a record $28 billion in profits for 2022 — more than double what it made the year before.
Read more »
20 DeFi Projects, including Balancer, Aave, and MakerDAO, Lead The Charge for Decentralized Finance | HackerNoonDecentralized finance (DeFi) is a growing sector of the financial industry. DeFi operates on smart contracts and open-source code, making it more transparent. - blockchain crypto
Read more »
VC Roundup: ZK proofs, DeFi protocol and longevity DAO attract investmentVC deals are still flowing with multiple raises closing including: Blocknative, Nillion, =nil; Foundation and more. (Reporting via forgeforth_)
Read more »