FTX CEO Sam Bankman-Fried: Why Institutions Have Yet to Embrace DeFi

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The first time Decrypt interviewed FTX CEO Sam Bankman-Fried, in September 2020, decentralized marketplace SushiSwap was better known than the 29-year-old billionaire or the crypto exchange he founded. He rose to fame initially through his efforts to save the SushiSwap protocol, after its creator cashed out. 
In the intervening months, Bankman-Fried has overseen a $900 million raise for FTX, with investors including Softbank, Sequoia, and Third Point; FTX’s value has soared from $1 billion to $18 billion, and the young entrepreneur has been feted by every major financial publication in the world, with the likes of the Financial Times breathlessly reporting his purported plans to buy Goldman Sachs. 

FTX and its new shopping list of acquisitions, as well as expansion within Asia and the US, takes up most of Bankman-Fried’s time. But SBF, as he’s affectionately known, is also one of the few crypto luminaries straddling decentralized finance (DeFi) and its mainstream equivalent. Tha

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Źródło: https://decrypt.co/77033/ftx-ceo-sam-bankman-fried-why-institutions-have-yet-to-embrace-defi

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