DeFi has grown exponentially in recent years. There are billions of dollars in decentralized protocols, automated strategies, and onchain vaults. But there is a segment of the market that still watches from the outside with caution: traditional financial institutions.
Investment funds, family offices, corporate treasuries, and asset managers have something in common: they cannot operate in environments where the rules are not verifiable, auditable, and enforceable. Not because they don’t want to, but because their own regulatory and risk-management frameworks don’t allow it.