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Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

CryptoSlate·
Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe
AI Analysis

Despite a decline in total value locked in DeFi and significant exploit losses, Wall Street firms are re-entering the market by purchasing DeFi tokens like Ethena's ENA. This renewed interest suggests a potential rebound in the sector, even amid ongoing safety concerns regarding DeFi protocols.

Key Topics

Coinbase VenturesEthenaENAMorpho

Originally reported by CryptoSlate. Read the full article ↗

Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe | AI Crypto Daily Wire