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“DeFi Has a Huge Opportunity to Grow”, Claimed HyperChain Capital CEO

By Natalie Wu | July 5, 2020
“DeFi Has a Huge Opportunity to Grow”, Claimed HyperChain Capital CEO

Decentralized finance (DeFi) reportedly provides a significant chance for potential growth and investment, as claimed by the chief executive of crypto assets management firm HyperChain Capital.

Specifically, Stelian Balta – head of HyperChain Capital – reportedly remarked that DeFi possesses a significant opportunity for growing, and that cryptocurrencies and blockchains are two sectors the firm is planning to pay special attention to. 

“I believe DeFi space has a huge opportunity to grow and one of the leaders in DeFi space, Kyber Network, just crossed $1 billion dollars in trading volume and project market cap is worth more than $300 million dollars, which I think is way undervalued” The CEO reportedly shared. 

Balta reportedly further claimed that the most appropriate platforms to build blockchain games are the ones employing EOSIO inspired tech, nominally Wax.io. 

Per Balta, with the involvement of Bitcoin in a portfolio to get an “inflation hedge” will reportedly alleviate risk, particularly when currencies standing on the verge of negative rates. 

Balta reportedly claimed himself to be “bullish on the crypto market long term, especially in DeFi and that’s the reason why we are continuing to invest, to improve and build in the crypto ecosystem.”

HyperChain – headquartered in Singapore – reportedly specialised in blockchain-powered projects and decentralized protocols. It has reportedly put in over $2 million of investment in Fantom and is one of the biggest holders of Tezos tokens.

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