Crypto investor Dan Tapiero says that he sees massive incoming growth for one specific sector of the digital assets space. In a new interview with Real Vision’s Raoul Pal, Tapiero says that he thinks US-based decentralized finance (DeFi) could explode in size after previously being pushed outside the country due to hostile regulators. Tapiero, the founder of multiple venture capital firms in the space, says that institutions are on the edge of discovering just how small the DeFi world is compared to the rest of the financial markets. “So if I’m looking out over the next two years, the thing that I think could really take off is US-based DeFi. So DeFi two years ago basically got pushed outside of the US. And so, the first step for everybody is through a centralized exchange, they come on their Kraken, or Gemini, Coinbase, and they buy their Bitcoin. But now, especially Coinbase, Kraken too, they’ve made it easy to port over into DeFi, not everyone is going to buy a Ledger and go through Ledger Live or MetaMask. But I do think that once these institutional guys, they’re going to own their Bitcoin through the ETF, they’re going to own their Ethereum. They’re then going to start to understand as they focus on it that it’s really the decentralized financial world that has the ability to grow. I mean TVL (total value locked) in DeFi is I think $100 billion, which is very small. The total value in the space today if I add up all the cryptocurrency and all the equities is around $4 trillion. So of that $4 trillion sitting there, only really 2% of it is actually active in DeFi. And I think that’s going to change.” TVL is a metric representing the amount of assets staked or locked in a platform. At time of writing, DeFi TVL stands at $136.232 billion. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Investor Dan Tapiero Says This Crypto Sector ‘Could Really Take Off’ in the Next Two Years appeared first on The Daily Hodl .
