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Data shows institutions, not retail, are driving crypto DeFi Adoption Data shows institutions, not retail, are driving crypto DeFi Adoption

Data shows institutions, not retail, are driving crypto DeFi Adoption

A new Chainalysis report has revealed that Institutional investor interest in DeFi has overtaken that of retail investors in Q2 2021.

Data shows institutions, not retail, are driving crypto DeFi Adoption

Cover art/illustration via CryptoSlate

On-chain analysis firm Chainalysis has stated that the interest of institutional investors in decentralized finance (DeFi) apps and protocols have overtaken that of retail investors.

Institutional investors dominate Defi According to the report, DeFi has recorded a terrific year and has enjoyed widespread user adoption and usage amongst crypto enthusiasts.

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