Cathie Wood Calls It 'Financial Services Revolution' After Ark Analyst Highlights DeFi's Dominance Over Traditional Banking System

Benzinga2025-04-16

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.” ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2527423594?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2025/04/16/Kyiv--Ukraine---February-25--2021-In-Thi.jpeg","is_english":true,"pubTime":"2025-04-16 12:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527423594","market":"nz","top_or_hot":-1,"title":"Cathie Wood Calls It 'Financial Services Revolution' After Ark Analyst Highlights DeFi's Dominance Over Traditional Banking System","media":"Benzinga","content":"<div>\n<p>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.”\n...</p>\n\n<a href=\"https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Calls It 'Financial Services Revolution' After Ark Analyst Highlights DeFi's Dominance Over Traditional Banking System</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Calls It 'Financial Services Revolution' After Ark Analyst Highlights DeFi's Dominance Over Traditional Banking System\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-16 12:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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.”\n...</p>\n\n<a href=\"https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system","article_id":"2527423594","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/04/16/Kyiv--Ukraine---February-25--2021-In-Thi.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2527423594","pubTimestamp":1744778265,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"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.”","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","CETH":"以太坊ETF-21Shares","BK4601":"加密货币现货ETF","BK4544":"ARK ETF合集","FETH":"以太币ETF-Fidelity","QETH":"以太坊ETF-Invesco Galaxy","EZET":"以太坊ETF-Franklin","ARKK":"ARK Innovation ETF","ETHV":"以太坊ETF-VanEck"},"translate_title":"Ark分析师强调DeFi对传统银行系统的主导地位后，Cathie Wood评级It“金融服务革命”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":1,"ETHV":0.71,"EZET":0.71,"FETH":0.71,"CETH":0.71,"QETH":0.71},"content_text":"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.”\nWhat 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.\nValente 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%.\nEven more fascinating was the jump in DeFi’s share in lending, widening from 15% to over 60%. “DeFi isn't just surviving — it's scaling,” Valented said. \n\nFinancial services revolution. https://t.co/LKEWW4d3TE— Cathie Wood (@CathieDWood) April 16, 2025\n\nSee Also: Bitcoin Braces For Trump Tariff Announcement: ‘Short-Term Optimism’ Has The Upper Hand, Experts Say\nWhy It Matters:  Wood’s optimism comes at a time when DeFi is making significant strides in the financial sector. \nAccording to DeFiLlama, the decentralized cryptocurrency exchanges recorded a volume of $6.82 billion in the last 24 hours, with Uniswap UNI/USD and Raydium RAY/USD being the main drivers. The DEX-to-CEX dominance was over 25%, indicating that decentralized exchanges logged a quarter of the volume compared to centralized exchanges.\nUnlike CeFi, the traditional system that relies on banks and governments to control the flow of money, DeFi utilizes peer-to-peer blockchain technology to facilitate transactions, making it possible to avoid intermediaries.\nWood’s firm, Ark Invest, has been investing in cryptocurrencies, with its focus on the \"Big Three,\" namely, Bitcoin BTC/USD, Ethereum ETH/USD, and Solana SOL/USD.\nPhoto Courtesy: viewimage on Shutterstock.com\nRead Next: \n\nBitcoin, Ethereum, XRP, Dogecoin Dip, But Traders Remain Optimistic For One Reason\n\nDisclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. $BTCBitcoin$83503.92-0.15%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum92.93Price TrendShortMediumLongOverview$ETHEthereum$1582.16-0.41%$RAYRaydium$2.091.65%$SOLSolana$125.48-0.49%$UNIUniswap$5.190.06%Got Questions? AskWhich DeFi platforms are gaining traction now?How will traditional banks adapt to DeFi growth?What impact will DeFi have on lending markets?Which cryptocurrencies might benefit from DeFi expansion?How could DeFi's dominance reshape investment strategies?What stocks are linked to decentralized finance?Will centralized exchanges face more pressure from DeFi?Which investment firms might pivot toward DeFi?How will DeFi growth affect crypto regulations?Could Ark Invest lead the way in DeFi investment?Powered ByMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.1","shortVersion":"4.36.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2527423594","isCrawlerRequest":true}