The facet of TradFi most ripe for disruption is equities
DeFi can disrupt traditional equity markets by addressing systemic barriers in pricing, execution and settlement. Decentralized Finance can democratize access and close the wealth gap.
Opinion by: Mike Cahill, co-founder and CEO of Douro Labs
Despite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building.
Take the US, for example — here, the top 10% of earners own more than 90% of all stocks. On a global scale, it gets even worse: Billions of individuals don’t have the financial literacy, digital tools or minimum funds required to even access the most basic investment opportunities.