Flow Traders CEO: There are still 1.7 billion adults without their own bank accounts, and the combination of DeFi and TradFi will drive change

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ODAILY
10-30
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Odaily Planet Daily Report: At the 2024 Hong Kong SmartCon conference hosted by Chainlink, Mike Kuehnel, CEO of Flow Traders, spoke at the roundtable discussion "Bridging the Dual Worlds: When DeFi Meets TradFi" and said: "We should Dream Bigger and imagine a time when users can transfer asset liquidity from TradFi to DeFi, and in a short period of time, change their asset allocation and risk profile at a lower transaction cost and as quickly as possible. This will be a huge transformation in the financial market, and it will also have a huge social impact. According to World Bank data, there are still 1.7 billion adults in the world without their own bank accounts, and the integration of DeFi and TradFi will help change this situation."

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