A16z: Traditional financial institutions adopt blockchain to improve efficiency, not embrace DeFi

A16z stated in an article that traditional financial institutions adopt blockchain technology to reduce costs, improve settlement efficiency, and optimize customer relationship management, rather than accepting DeFi concepts. In the future, a parallel pattern of institutionalized blockchain infrastructure and open networks will be formed, and institutions will selectively absorb DeFi technology capabilities and carry out transformations to meet compliance and risk management requirements.