Challenger bank Current plans to pursue decentralized finance

Its move into DeFi could be a major boost for the space.

Dean Fankhauser1 min read
Challenger bank Current plans to pursue decentralized finance

Current, a US-based challenger bank, is planning to pursue decentralized finance (DeFi) opportunities.

The bank has already been involved in the space through its investment in the dYdX protocol, and now it wants to build on that by creating its own DeFi products.

Current is one of the most well-funded neobanks in the US, and its move into DeFi could be a major boost for the space.

The bank has not yet announced any specific plans, but it is likely that we will see some launch in the near future. DeFi is a rapidly growing area of the crypto world, and Current's involvement could help to accelerate its adoption.

Do you want to learn more about crypto adoption? Check out our blog for all the latest news and updates.

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