The path from institutional finance (Goldman) to enterprise blockchain (PwC) to the $26B edge of DeFi innovation (Aave) with Ajit Tripathi

<p>Hi Fintech Futurists,</p><p>Thinking about how to connect these worlds and different available journeys? Or the timeless risks developing in tranched DeFi that look like mortgage-backed securities? We even touch on hegelian dialectics! Check out our great conversation.</p><p>For premium subscribers, a full transcript is provided along with the recording.</p><p>Hope you enjoy, and do not hesitate to <a href="http://email.mg1.substack.com/c/eJw1UMtuxCAM_JrliICQshw49LK_gXg4CVoCEQ-l-fuSrSpZsmyPZzx2psGay6WOXBvqFYoOXlHG5ZMQ5BURzAmLQtVLAdhNiAod3cbgTAs53eCnkDPa1Ew85WCJMWDlxCkTYP1CGBHCyEUwdCto032A5EDlFC99mOBRVFtrR31M3w_2GnGeJ47wU_M7x5Cwy_toupyacQ0FxQYlmelMp0nyL0xxaI4tC6dbeXCyrxTXbusAv-9VVNQZYsQWoOY0AOvt4TMZNvTIe0-hXRqSsRG8aqUDan_v-FzcrgNG6Z357wzPfCZScDSUfB6ESY2DfwHNGHFB">reach out here</a>!</p><h2><strong>Excerpt</strong></h2><p><strong>Lex Sokolin:</strong><br />And then, when we look at DeFi, and what we see is, globally, lots and lots of hackers from scratch, building capital markets machinery, which is like the Linux of capital markets machinery. You can make any exposure you want and package it however you want. I feel like people just have to take a much more forgiving lens here.<br /> </p><p><strong>Ajit Tripathi:</strong><br />Lex, this is a fascinating topic because I come from the other side, so everything, capital markets, from pricing and risking, to some of the most exotic derivatives the world has ever seen in Tokyo. I come from the other side and for me, it was really frustrating that everyone in fintech were either doing payments or doing some kind of mobile app, not really changing much, if you ask me and I know you'll disagree with this, but it has always been very frustrating for me that the core capital markets infrastructure has remained unimpacted, more or less, by this whole fintech revolution and nobody has tried in the traditional, and I'm already saying traditional because it has been 10 years, nobody has even tried to revive the backend infrastructure. People are building it, yeah people are