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The convergence of decentralized finance (DeFi) and centralized finance (CeFi) is emerging as a defining trend in on-chain finance.
Henri Arslanian highlights how this fusion could establish crypto prime brokerage as a key infrastructure layer for institutional trading. The outlook for crypto firms in 2026, as discussed at Consensus Hong Kong, points toward a deepening integration of DeFi and CeFi models to address institutional needs.