Compound Founder: Institutional investors want to use the principles of DeFi to trade traditional assets like stocks, which will define DeFi for the next decade

ChainCatcher news, according to DL News, Compound Labs founder Robert Leshner stated at the Permissionless conference in Austin, Texas, that institutional investors like the concept of DeFi but want to use it to trade traditional assets such as stocks, bonds, and currencies, rather than cryptocurrencies. Leshner referred to this as the "great divide," which will "define the next 10 years of DeFi."

Previously, Leshner resigned as CEO of Compound Labs and founded a new company, Superstate, which aims to bring traditional assets onto the blockchain.