DeFi’s Steady Rise
CIO Adil Abdulali joins The Street’s Rob Nelson to discuss how traders continue to leverage decentralized finance amid high volatility.
Aug 7, 2024As volatility struck markets this week, some of the largest brokerages suffered outage after outage. Fidelity, Charles Schwab and others all reported outages after Japan's stock market notched its worst trading day since 1987.
It was a rare opportunity for crypto advocates to clap back against all the criticisms against decentralized finance, or DeFi. As volatility struck, the permissionless and decentralized markets that power a growing chunk of the crypto industry's trades hummed along.
Roundtable anchor Rob Nelson recently discussed these advancements with Adil Abdulali, Chief Investment Officer at Samara Alpha Management, diving into the dynamic world of crypto asset management and the potential for DeFi to continue growing.
