Sang Lee

If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider. Capital markets bring suppliers and those in need of capital together to initiate supposedly efficient transactions. Investments or savings are often funneled between suppliers of funds like banks and those who need capital like businesses, governments and individuals. Co-founder of crypto financial service provider VegaX Holdings Sang Lee told Cointelegraph on Monday that incumbent financial institutions have simply been left behind by the rapid pace of developments in the crypto industry. VegaX Holdings is building a suite of crypto-based financial services. Its VegaX decentralized finance (DeFi) platform allows staking, while it...