Kevin O'Leary new DEFI ipo Wonderfi Technologies (NEO: WNDR) (OTC: WONDF)
Channel: RICH TV LIVE
Date: 08/09/2021

Kevin O'Leary new DEFI ipo Wonderfi Technologies (NEO: WNDR) (OTC: WONDF) - RICH TV LIVE - September 8, 2021 - FINANCIAL MARKETS POWERED BY TECHNOLOGY, NOT BANKS #wonderfi #kevinoleary #richtvlive

What is Decentralized Finance (DeFi)?
Traditionally banks have been gatekeepers between people and the markets. They set the rules and decided who got to play and who sat on the sidelines.

DeFi democratizes finance through technology. It empowers people to interact directly with financial markets and allows anyone to engage with personal finance.

ringing fair, efficient and accessible finance to the masses.

We believe everyone should have equal access to finance. Our mission is to empower people around the world to access DeFi in a simple, smart and secure way.

"Shark Tank" star Kevin O'Leary has said DeFi will force financial middlemen to find new jobs - maybe shining shoes.
The celebrity investor is backing decentralized finance and says it can change trading within three to four years.
However, regulators are wary of DeFi, particularly after recent high-profile hacks and scams.

"Shark Tank" star and crypto investor Kevin O'Leary has said financial middlemen should find jobs shining shoes, because decentralized finance technology will make their roles obsolete.
O'Leary has evolved into a crypto bull despite having criticized bitcoin in the past. He's now increasingly keen on decentralized finance, or DeFi - the use of crypto technology to create financial products that do not need centralized authorities.
The entrepreneur told Insider last week that one reason he likes DeFi is because he's tired of being "ripped off" by financial middlemen such as foreign-exchange brokers.
"This whole move into stablecoins and cryptocurrencies is to get rid of those middlemen. And we're going to do it in the next three, four years," O'Leary said. "They should find other jobs, maybe they should start shining shoes or something."

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