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Why Every Bank and Fintech is Racing to Embed DeFi Tech (Hint: It’s Not Just for the Vibes)

Why Every Bank and Fintech is Racing to Embed DeFi Tech (Hint: It’s Not Just for the Vibes)

Author:
CoindeskEN
Published:
2025-06-23 08:24:07
15
2

Every Bank and Fintech Wants DeFi Under the Hood: Alchemy

Wall Street's latest obsession isn't a hot stock—it's ripping out its own plumbing. Traditional finance is quietly cannibalizing itself, with Alchemy confirming 87% of major institutions now have active DeFi integration projects. The kicker? Most won't admit it until their legacy systems implode.

Behind the velvet ropes of 'blockchain innovation' teams, bankers are desperately reverse-engineering Uniswap's code. Because nothing sparks innovation like existential panic—and the 300% YoY growth in institutional DeFi volume doesn't hurt.

Here's the dirty secret: They need DeFi's efficiency but can't stomach its transparency. Watch for 'hybrid solutions' (read: centralized backdoors) as the suits try to have their cake and eat your yield too.

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