The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $ 50 billion threshold, standing at $ 48.91 billion currently. This figure marks a significant rebound from the low of $ 36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in …
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years
Bitcoin and crypto asset funds currently represent a niche market with an estimated worth of $ 50 billion, as highlighted by Bernstein Research. Yet, under the leadership of Gautam Chhugani, Bernstein’s team of analysts anticipates these funds may oversee between “$ 500-650 billion of assets” in the coming five years. $ 650B …
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $ 44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently remained below …