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May 2021
17m 3s

BREAKDOWN: Are Banks Getting Nervous Abo...

COINDESK
About this episode

A new research paper from ING suggests that, at the very least, they’re paying more attention.

This episode is sponsored by Nexo.ioNEAR.org and Genesis Trading.

Today on the Brief:

  • MercadoLibre has added bitcoin to its balance sheet
  • Galaxy Digital buys BitGo 
  • Debates around the new, improved, real economy 


Our main discussion:

While the last year has seen a massive amount of growth in decentralized finance, it has been mostly driven by enfranchised insiders and builders. In this bull market, that is starting to change. In today’s episode, NLW looks at a recent paper by the $1.1 trillion bank ING around where DeFi fits in the context of traditional finance.


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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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NEAR.org - Infrastructure for innovation. NEAR is an open-source platform that accelerates the development of decentralized applications overcoming high fees and slow speeds with its fast, scalable, low-cost, and climate-neutral blockchain protocol. One transaction on NEAR consumes about 1300x less carbon than a similar transaction on other chains.

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Click here to read the Genesis Q1 2021 Digital Asset Market report. To learn more about Genesis, click here. To learn more about Genesis Prime, their prime brokerage offering, click here. The information provided in this communication does not constitute investment advice. Please see this link for important disclosures.

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

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Image credit: SchulteProductions/iStock/Getty Images Plus, modified by CoinDesk

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