While Bitcoin is still digital gold, some of the most innovative developments in the crypto space are happening in Ethereum and DeFi said Jason Urban, co-head of Galaxy Digital Trading at Galaxy Digital.
Galaxy Digital is a multi-functional financial services firm founded by Michael Novogratz, with operations in investment banking, trading, asset management, and principal investments.
Urban told Michelle Makori, editor-in-chief of Kitco News, that Ethereum’s adoption period is a lot shorter.
“Some of the smartest people from traditional finance, as well as my time in crypto, are putting efforts into making developments there and doing things that are going to change the way all of the traditional way markets operate. It is progress, and you can’t stand in front of it,” he said.
The crypto space dwarfs the rest of the technology sector in terms of the number of engineers innovating the sector.
For more details on Jason Urban’s outlook for Ethereum and how to invest in the DeFi trend watch the video above. Follow Michelle Makori on Twitter @MichelleMakori (https://twitter.com/MichelleMakori).