For DeFi to Grow, CeFi Must Embrace It

Based on current market conditions, DeFi's current prominence has far exceeded other relatively smaller crypto sectors. Renowned venture capitalist William Mougayar stated that DeFi's current prominence may benefit from its catchy name and the creation of memorable terms like "Sushi". DeFi itself means automated algorithmic financial products without central human intermediaries and no computer-based decentralization protocols as intermediaries. Although DeFi is now well-known, its market share remains relatively small.