CoinMarketCap said in a post on X that Geoff Kendrick, Standard Chartered’s global head of digital assets research, expects a sharp increase in announcements tied to traditional financial institutions connecting to decentralized finance. According to the post, Kendrick said the number of such announcements could rise by 10x to 20x over the next three to 12 months. The ChainCatcher newsflash did not include additional details on which firms, products, or markets this outlook refers to. No further context was provided in the source text beyond CoinMarketCap’s attribution on X and Kendrick’s timeframe and estimate.
According to a post on X cited by ChainCatcher, Geoff Kendrick, Standard Chartered’s global head of digital assets research, said announcements related to traditional financial institutions connecting to decentralized finance, or DeFi, could increase by 10x to 20x over the next three to 12 months.
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