CryptoCointelegraphabout 2 hours ago
ARK disputes a16z's TradFi blockchain thesis
1 min read
ARK Invest's director of research Lorenzo Valente disputed a16z crypto's claim that traditional finance will adopt permissioned blockchain over DeFi. Valente said public blockchains have outperformed private initiatives, citing tokenized asset growth on Ethereum. Crypto-native firms like Circle and Coinbase are best positioned to build financial infrastructure, he added.
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