State Street says institutions want improved blockchain security in wake of recent DeFi attacks

Angus Fletcher, State Street’s head of digital assets said the young crypto industry needs to find solutions now before trillions in RWAs come on-chain.

Big traditional finance firms need guardrails in a world of blockchain-based assets, particularly given how decentralized finance (DeFi) remains so susceptible to hacks and losses, the head of digital assets at custodial banking giant State Street…