What's next for DeFi? Full piece on Fortune.

Tl;dr:
- Biggest hurdle: DeFi user experience still too complex for mainstream adoption.
- Fintechs and exchanges are the key to simplifying and mainstreaming DeFi.
- Open financial infrastructure provides fintech lower costs, better margins.
- Immutable code allows them to own more of their financial tech stack–beyond distribution into “manufacturing".
- DeFi is a common back end for all front ends = shared state, more efficient.
- DeFi + fintech/exchange = cheaper, efficient, global services.

What's next for DeFi? Full piece on Fortune.

Tl;dr:
- Biggest hurdle: DeFi user experience still too complex for mainstream adoption.
- Fintechs and exchanges are the key to simplifying and mainstreaming DeFi.
- Open financial infrastructure provides fintech lower costs, better margins.
- Immutable code allows them to own more of their financial tech stack–beyond distribution into “manufacturing".
- DeFi is a common back end for all front ends = shared state, more efficient.
- DeFi + fintech/exchange = cheaper, efficient, global services.

https://fortune.com/crypto/2025/01/11/the-next-phase-of-defi-fintechs-and-exchanges-will-take-the-lead/

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

wow, the future of DeFi sounds pretty exciting but also kinda intimidating with all the techie stuff. it's cool to see fintechs and exchanges stepping up to make it easier for everyone. can't wait to see how this will change the way we handle money globally! anyone else think this could be a game-changer or just another tech hype?