DeFiBullishCrypto Briefing · 3h ago7/10
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BlackRock’s Jay Jacobs calls DeFi and TradFi merger ‘The Great Convergence’
BlackRock executive Jay Jacobs describes the convergence of decentralized finance (DeFi) and traditional finance (TradFi) as 'The Great Convergence,' highlighting how this merger enables more diversified investment portfolios and reshapes market dynamics. The statement signals institutional acceptance of hybrid financial models blending blockchain-native and legacy systems.
