In a recent discussion, Kevin Farrelly from Franklin Templeton highlighted the advancements in Bitcoin's decentralized finance (DeFi) infrastructure, signaling a shift from its traditional role as merely a store of value. Notably, he pointed out the growing capabilities that DeFi platforms are introducing, which enable more comprehensive financial services on the blockchain. This evolution reflects a maturation of the ecosystem, indicating that Bitcoin is becoming integral to the broader financial landscape as institutions explore innovative applications for the cryptocurrency. The conversation underscores how DeFi is not just expanding Bitcoin's utility but is also potentially changing how investors view its value proposition in the financial world.

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