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Bitcoin DeFi Leaps Ahead—Infrastructure Now Outshines ’Digital Gold’ Narrative, Says Franklin Templeton Exec

Bitcoin DeFi Leaps Ahead—Infrastructure Now Outshines ’Digital Gold’ Narrative, Says Franklin Templeton Exec

Coindesk
Author:
Coindesk
Release Time:
2025-05-02 16:35:52
0

Bitcoin DeFi Shows Infrastructure Progress Versus Store of Value: Franklin Templeton’s Kevin Farrelly

Move over, store of value—Bitcoin’s DeFi ecosystem is finally growing teeth. According to Kevin Farrelly of Franklin Templeton, the network’s infrastructure progress is quietly outpacing its decade-old ’digital gold’ branding.

Active development, not passive HODLing, is driving the next phase. From trust-minimized bridges to Bitcoin-native lending protocols, builders are proving Satoshi’s creation can do more than sit in cold storage like a boomer’s bond portfolio.

Of course, Wall Street will still find a way to slap a 2% management fee on it.

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