ARK Invest Challenges a16z's Stance on TradFi's Blockchain Adoption, Advocates for DeFi Reliance

ARK Invest Challenges a16z's Stance on TradFi's Blockchain Adoption, Advocates for DeFi Reliance

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ARK Invest's director of research has disputed a16z crypto's thesis that traditional finance will opt for permissioned blockchain infrastructure over decentralized finance. ARK argues that institutions will increasingly depend on DeFi rails.

ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim

ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of decentralized finance, saying institutions will increasingly rely on DeFi rails.