Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan
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The growth of decentralized finance (DeFi) and asset tokenization continues to underwhelm, JPMorgan's Nikolaos Panigirtzoglou said in a research report Wednesday, citing the stagnant recovery since the 2022 crypto winter. Total Value Locked (TVL) in DeFi remains below 2021 highs, with most activity still driven by crypto-native and retail users, the report noted. Institutional adoption has lagged despite the development of compliance-ready infrastructure, such as permissioned lending pools and K...
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