WEF in Davos: TradFi and DeFi Collide as Crypto Industry Gathers

• The Cointelegraph team attended the World Economic Forum in Davos, Switzerland, to cover the collision between Traditional Finance (TradFi) and Decentralized Finance (DeFi).
• The team discussed the ongoing synergies between traditional and decentralized finance, as evidenced by the numerous crypto industry events taking place in Davos.
• Cointelegraph editor-in-chief Kristina Lucrezia Cornèr and journalist Gareth Jenkinson recapped their week in Davos for the new Decentralize With Cointelegraph podcast.

The Cointelegraph team made their way to the snowy slopes of Davos, Switzerland, to cover the World Economic Forum, where the collision of Traditional Finance (TradFi) and Decentralized Finance (DeFi) was at the forefront of the agenda.

Cointelegraph editor-in-chief Kristina Lucrezia Cornèr reflected on her access inside the WEF compared with previous years in Davos. She noted the ongoing synergies between traditional finance and decentralized finance that were evident from the myriad crypto industry events taking place.

Cointelegraph journalist Gareth Jenkinson attended these crypto meet-ups, which took place at a number of shops refurbished for events down the central promenade in Davos. Many industry insiders and TradFi participants attended, and Jenkinson highlighted the ongoing cross-pollination between the sectors, although only a few crypto participants were involved in conversations inside the World Economic Forum.

The team also discussed JPMorgan Chase CEO Jamie Dimon’s renewed skepticism toward Bitcoin and the Cointelegraph team nearly getting stranded due to frozen diesel.

At the end of the week, Kristina and Gareth sat down for a late-night recording session to recap everything readers need to know about the week for the new Decentralize With Cointelegraph podcast. They discussed the ongoing progress of TradFi and DeFi coming together, and how the WEF in 2023 could be a major milestone for the crypto industry.

The Cointelegraph team’s reporting from Davos has given readers a glimpse into the ongoing collision of traditional and decentralized finance, while also providing an insight into the many obstacles still to be overcome before crypto can reach mainstream acceptance.