Jeff Ren, Partner at OKX Ventures: DeFi is an important innovation in traditional finance, and the two are integrated and complementary.

Odaily News On November 2, OKX Ventures partner Jeff Ren was invited to attend the Hong Kong Fintech Week 2023 event and participated with Fabian Astic, global head of DeFi and digital assets at Moodys Investors Service, and Easy Crypto CEO Janine Grainger Roundtable discussion on topics related to DeFi innovation and change. Jeff Ren said in the discussion that starting from basic principles, DeFi brings decentralized, programmable, automatic and transparent financial services through the smart contract technology of the blockchain network, which is an important innovation and integration complement of traditional finance. For example, RWA puts real assets on the chain and transfers ownership in a secure manner, which is one of the best application cases. It is reported that OKX is a diamond sponsor of Hong Kong Fintech Week 2023. The event is organized by the Financial Services and the Treasury Bureau of Hong Kong and the Investment Promotion Department of the Hong Kong SAR Government. The Hong Kong Monetary Authority, the Hong Kong Securities and Futures Commission and the Hong Kong Insurance Co-organized by the Industry Regulatory Authority, it is expected to attract more than 30,000 participants and 5 million online views from around the world.