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Home DeFi

Bank of America report says crypto, DeFi are “only in the first inning”

admincrypto by admincrypto
October 8, 2021
in DeFi
Bank of America report says crypto, DeFi are “only in the first inning”
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Bank of America report says crypto, DeFi are “only in the first inning”

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Edge › U.S. › Analysis

Bank of America lay out a bullish scenario for the nascent digital asset industry.

Samuel Wan · October 7, 2021 at 5:00 pm UTC · 2 min read

Bank of America report says crypto, DeFi are “only in the first inning”

This week, Bank of America (BoA) published a favorable crypto report detailing its analysis of the sector.

It states that cryptocurrency has become too large to ignore, adding that, despite the phenomenal growth seen to date, the industry is still “only in the first inning.” The key takeaways spoke of increasing interest and adoption, especially regarding DeFi and NFTs.

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