Blockchain Veteran Sees Aptos and Sui as Leaders in Emerging DeFi Landscape

Tuesday 18th of March 2025 23:28:04

BITWISE CIO BULLISH ON DEFI, SEES APTOS AND SUI AS ETF CONTENDERS

In a recent interview, Bitwise Asset Management's Chief Investment Officer, Rodelle Lagacinos, expressed optimism about the decentralized finance (DeFi) space, highlighting Aptos and Sui as potential contenders for the company's upcoming DeFi ETF.

Lagacinos believes that DeFi has the potential to disrupt traditional finance, citing the sector's rapid growth and increasing adoption. He noted that Aptos and Sui, both Layer-1 blockchain protocols, are well-positioned to capitalize on this trend.

"Aptos and Sui are two of the most promising Layer-1 protocols in the space, and we're excited to see how they develop," Lagacinos said. "Their focus on scalability, security, and usability makes them strong contenders for our DeFi ETF."

The Bitwise CIO also emphasized the importance of decentralized governance and community involvement in the DeFi space. He believes that these factors will play a crucial role in shaping the future of DeFi and attracting more mainstream investors.

"We're looking for protocols that have strong decentralized governance and community involvement," Lagacinos explained. "This is critical for building trust and ensuring the long-term viability of these protocols."

The Bitwise DeFi ETF is expected to launch later this year, with Aptos and Sui among the potential constituents. The ETF will track the performance of a basket of DeFi assets, providing investors with a diversified exposure to the sector.

Lagacinos' bullish outlook on DeFi reflects the growing interest in the space among institutional investors. As the sector continues to evolve and mature, it's likely that we'll see more mainstream investors entering the fray.

In the meantime, Aptos and Sui will likely continue to attract attention from DeFi enthusiasts and investors alike. With their focus on scalability, security, and usability, they're well-positioned to capitalize on the growing demand for decentralized financial services.