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- May 30, 2022
The global decentralized finance market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions are still unaware of its potential.
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
Cointelegraph sat down with Mike Belshe, CEO and co-founder of BitGo, to learn more about DeFi’s impact on traditional financial institutions.