#PostonTradFi Centralized institutions
Blockchain protocols
Regulated intermediaries
Smart contracts
Banks hold custody
Users self-custody assets
Limited market hours
Often 24/7
KYC/identity required
Often permissionless
You’ll often hear phrases like:
“TradFi is entering crypto”
“Bridge between TradFi and DeFi”
“TradFi firms launched Bitcoin ETFs”
Those refer to established financial institutions such as BlackRock or JPMorgan Chase participating in crypto markets. �
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