Cookie settings

Cookies are small text files stored on your device to identify you and can be used to remember user preferences and analyse traffic to further improve our website. We may share information about your use of our site with our social media, advertising and analytics partners. By clicking "Accept all cookies", you agree to the use of all cookies as described in our cookie statement or "Accept only essential cookies" to only use cookies that are necessary for the functioning of our site.

Read our cookie statement here.

You can choose to adjust your preferences at any time.

Wholesale Banking

The release of this paper assists ING to quickly learn about new behaviors of consumers, market expectations and trends. ING has been observing the digital asset ecosystem closely and learning from its ideas and innovation. Researching into DeFi gives ING insight into what gaps might exist in the new paradigm from a micro and macro perspective. Instead of deploying protocols to experiment blindly, ING can see what can be replicated in DeFi and improved.


For example, ING can learn how DeFi protocols issue loans and imagine how these loans could be transformed into a compliant way whereby consumers are protected. There are advantages for ING to transition into DeFi, as institutions like ING already know how to protect consumers and have experience managing risk. Overall, DeFi innovation on permissionless blockchain is a positive development for finance, as it pushes financial institutions into thinking of new ways to best serve their customers.