Cathie Wood Calls It ‘Financial Services Revolution’ After Ark Analyst Highlights DeFi’s Dominance Over Traditional Banking System
Posted On April 16, 2025
Cathie Wood, the founder of asset management firm Ark Invest, hailed the sharp growth of decentralized finance vis-à-vis centralized finance on Tuesday, calling it a “financial services revolution.”
What Happened: The influential investor was responding to an X post by Lorenzo Valiente. Director of Research at Ark Invest, who highlighted “strong, secular trends” in DeFi.
Valente pointed out that despite market volatility and macro uncertainty, DeFi’s share in futures trading has grown from 1.6% to 7% since the fourth quarter of 2022, while its share in spot trading has surged from 7% to 20%.
Even more fascinating was the jump in DeFi’s share in lending, widening from 15% to over 60%. …