Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the ‘Third Wave of DeFi’ and opportunities in crypto.
“DeFi” or Decentralized Finance is a catch-all phrase that refers to any blockchain or crypto-based technology or application designed to disrupt existing financial intermediaries. DeFi, built primarily on Ethereum Blockchain, challenges the human limitations of traditional finance and aims to deliver a sophisticated, accessible and secure solution for all. The number of applications and infrastructure backing innovation in DeFi is on the rise, making DeFi one of the fastest growing sectors in crypto. Increased crypto adoption, regulatory clarity, innovations in NFTs and the Metaverse are driving the ‘Third Wave of DeFi’. Hougan weighs in key allocation considerations and how advisors can capitalize on this rapidly-growing, disruptive segment of the digital economy.
Founded in 2017, Bitwise Asset Management launched the very first cryptocurrency index fund and is a well known provider of rules-based exposure to the cryptoasset space. Based in San Francisco, the firm leverages its team’s deep bench of industry experience in both technology and asset management. Hougan is a leading expert on crypto, ETFs, and financial technology.
To learn more on this topic, register and watch Bitwise’s upcoming webcast: The Third Wave of DeFi: The Outlook for One of Crypto’s Most Exciting Sectors.
Decentralized finance (or DeFi) emerged as an exciting new sector of crypto in 2017, with promises to disrupt traditional finance with new “programmable money.”
The market soared in the “DeFi Summer” of 2020, with the launch of major new applications like Uniswap and Aave.
In this special, one-hour webinar, Bitwise’s CIO, Matt Hougan, Director of Research, David Lawant, and lead DeFi researcher Ryan Rasmussen will look ahead to the “Third Wave” of DeFi, and examine the outlook for one of the most important verticals in crypto.
Among the topics they’ll cover:
- The first two adoption waves of DeFi that introduced one of the leading verticals to crypto, and how the current challenges are laying the groundwork for the third wave of DeFi adoption
- The innovative scaling solutions that are solving the biggest issues holding DeFi back
- The rise of “permissioned DeFi”: What it is, why it exists, and when it will take off (sooner than you think)
- DeFi’s emerging role as the financial backbone of NFTs, gaming, DAOs, the metaverse, and other crypto verticals