Mercuryo CEO Petr Kozyakov said many consumer apps will emerge before widespread institutional adoption comes to DeFi.
The CEO of payments infrastructure platform Mercuryo predicted that decentralized finance (DeFi) protocols and applications will soon offer financial products similar to those of banks.
Mercuryo recently launched a program to support 30 startups developing Web3 consumer use cases within DeFi. Announced on Nov. 21, the program offers funding, consultations with Mercuryo and its network and an “equity-free integration grant” to assist scaling companies.
Petr Kozyakov, the co-founder and CEO at Mercuryo, told Cointelegraph in a written Q&A that the space had already proven its “long-term viability,” when he was asked why the company chose DeFi and decentralized applications (DApps) for its ecosystem program.
