Crypto-Native Asset Managers Expand Onchain Holdings
Recent reports highlight a significant surge in onchain holdings by crypto-native asset managers, with figures quadrupling since January to reach $4 billion. This growth reflects the increasing adoption of decentralized finance (DeFi) as a foundational technology for fintech services.
The Rise of DeFi in Institutional Finance
Leading analytics and DeFi yield platforms Artemis and Vaults report a shift in institutional sentiment toward DeFi. Once seen primarily as a disruptive force, DeFi is now viewed as a complementary financial layer. This change stems from maturing DeFi infrastructure and a favorable U.S. regulatory climate.
Key Players and Market Trends
According to the report, Gauntlet, Steakhouse Financial, and Re7 dominate the market, with nearly $2 billion locked in the Morpho Protocol. Institutions are increasingly using DeFi for stablecoin yield, crypto yield, and borrowing services.
User Experience Driving Adoption
Improved user experience is becoming crucial for DeFi platform adoption. Strategies like simplified interactions and gasless transactions help attract and retain users by reducing friction.