DeFi aims to be accessible for everyone, allowing them to exchange value through peer-to-peer transactions seamlessly without middleman. DeFi has seen huge growth and is in the low billions by volume. By contrast, traditional markets have volumes of thousands of trillions. Traditional financial institutes cannot enter the blockchain world due to lack of a structure to ensure they can comply with regulations and technology issues like security or scalability.
Every country has their own regulations and it is not feasible for a blockchain to implement all the different rules of every regulator. Tgrade’s self-sovereign framework which ensures decentralization is the answer. Once a self-sovereign group is established, they can then govern who can trade with whom with which instruments. The self-sovereign model is scalable, in that many self-sovereign groups can be created to support regulated institutions and each group can act independently. On the Tgrade chain, you can have financial instruments which can only be traded by the self-sovereign group, and the permissions on the trading venues are managed by the self-sovereign group.