The decentralized finance (DeFi) ecosystem scored another win against traditional finance, often called TradFi, with a former Morgan Stanley executive launching a DeFi protocol.Kevin Lepsoe, the former head of structuring for Morgan Stanley, aims to...

Laser Digital, the crypto subsidiary of Japanese financial services giant Nomura, invests in Infinity Exchange, a decentralized finance (DeFi) protocol for institutional lending and borrowing.

The first iteration of decentralized finance (DeFi) projects, commonly called DeFi 1.0, laid the foundation of a decentralized financial ecosystem, especially for retail users. With DeFi 1.0 cementing itself in the lending, borrowing, and trading spaces, the next iteration, known as DeFi 2.0, aims to...