Decentralized financing (DeFi) offers potential growth opportunitiessaid CEO of digital asset management company HyperChain Capital.
Stelian Balta, CEO of HyperChain, said DeFi has “a great opportunity for growth” and that too The company continues to look forward to digital currencies and blockchains.
“I think the DeFi space has tremendous growth opportunities and one of the market leaders in the DeFi space, the Kyber network, has just reached over $ 1 billion in trading volume and the project has a market cap of over 300 million Dollars, which I find very underestimated. “We also believe that The best platforms to create blockchain games are those that use EOSIO-inspired technologies like Wax.io.. Wax recently added Topps’ virtual goods and Topps is the world’s most respected trading and trading card maker for MLB, Star Wars, WWE and Garbage Pail Kids. We firmly believe in the potential of the DeFi ecosystem and blockchain gaming and the evidence is that we have made and continue to invest. “
Balta found that including an “inflation hedge” like Bitcoin’s in a portfolio can reduce risk, especially when currencies are on the verge of negative interest rates. He added that “it is long-term optimistic about the crypto market, especially with regard to DeFi, and that is why we continue to invest in, improve and build the crypto ecosystem”.
The enterprise Hyperchain, based in Singapore, focuses on investments in blockchain-based projects and decentralized protocols. He has invested more than $ 2 million in Fantom and is one of the largest Tezos token holders.
As Cointelegraph previously reported, DeFi for Kyber has seen several projects in the past few months, including the Incognito data protection blockchain, which introduced a data protection function in the Kyber network.
Do not stop reading: