“TradFi has very little interest in moving to DeFi, to be frank, just because they have such an unfair advantage with their current infrastructure,” Frambot said in an interview. “However, fintechs don’t have their own financial infrastructure, they have to go through all the fees of the TradFi guys. But they have distribution, they have adoption. So if they start owning their own infrastructure by building on top of layer-2s and immutable DeFi, then they can start generating more profits from it, gain efficiency and limit their operating costs.”
BitMart Announces the 5th Futures King Trading Tournament with a 248,000 USDT Prize Pool and 100% Winning Mystery Box
BitMart, a leading global cryptocurrency exchange, is thrilled to announce the launch of its 5th Futures King Trading Tournament, running from August...
