‘DeFi is dead’: Maple Finance’s CEO says onchain markets will swallow Wall Street

"The remarks from Maple Finance's CEO shed light on the challenges facing DeFi and the evolving landscape of financial models. The ongoing transition toward on-chain private credit indicates a growing tendency for institutional investors to seek new capital markets. This is likely to foster the integration of traditional finance with DeFi, paving the way for new financial products and services. However, market reactions carry risks, necessitating that investors remain adaptable and employ cautious strategies in an ever-changing environment. Overall, these statements are noteworthy from the perspective of digital currency research and could significantly impact future market trends."