Capital markets News

State Street Survey: DeFi seen as biggest digital asset disruptor

state street digital asset survey

A digital assets survey of 300 institutional investors found that DeFi was rated as the biggest potential blockchain disruptor. The survey was conducted last October by State Street Digital and Oxford Economics, with the results published recently.

Looking at the one to two-year timeframe, investors rated five potential blockchain disruptors almost equally, leading with DeFi applications and NFTs followed by cryptocurrencies, stablecoins and CBDCs

The tokenization of traditional assets – such as stocks, bonds and real estate – came a distant last, despite often being viewed as a key blockchain application for incumbents. DeFi and NFT are seen as forging ahead on a three to five-year timescale.

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Image Copyright: State Street Digital