A More Than $1T Bitcoin DeFi Opportunity

A More Than $1T Bitcoin DeFi Opportunity


Since its inception in 2009, bitcoin (BTC) has steadily gained adoption and now has a market capitalization of over $1.3 trillion. It was designed to be a decentralized currency and real-time gross settlement system. The decentralized, protocol-based approach enables holders to shift trust from a centralized actor to a decentralized, code-enforced protocol.

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Despite bitcoin being the original cryptocurrency and corresponding blockchain, its functionality has been extremely limited up to this point relative to the smart contracts and decentralized finance (DeFi) functionality

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