Fintechs like Revolut and Robinhood are key to defi’s growth, says morpho founder, as he criticizes the current system as an “artificial casino” driven by speculation.


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Promote with Leviathan NewsDL News reports that Morpho founder and CEO Paul Frambot argues that consumer fintech platforms such as Revolut and Robinhood are likely to be the main distribution channels for decentralised finance (DeFi), rather than self-custodial wallets or crypto-native interfaces. He contends that these large, regulated apps already aggregate tens of millions of users and have proven expertise in user experience, onboarding, and compliance, making them natural gateways for offering tokenised assets, yield products, and other DeFi-based services within familiar interfaces. This view aligns with a broader thesis in the industry that positions fintech “super-apps” as bridges between traditional finance and on-chain protocols. Frambot is also sharply critical of the current state of DeFi, describing much of the sector as an “artificial casino” dominated by speculative trading, airdrop farming, and circular leverage rather than sustainable, real-economy use cases. He argues that to move beyond this speculation-driven model, DeFi protocols will need to integrate more closely with mainstream financial platforms and focus on delivering clear value—such as better rates, programmability, and transparency—through channels that everyday users already trust and understand. His comments reflect a growing debate within crypto over whether DeFi will remain a niche trading venue or evolve into an embedded financial infrastructure layer powering products inside major fintech apps and, eventually, traditional financial institutions.
AI-generated background, compiled from web sources — not editorial content.

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Coindesk ·

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Reuters ·
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