# Masa 'Senshi' Kikuchi I Product announcement | Secured Finance I Pragma Tokyo 2023

- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2023-10-09
- Duration: 15:01
- Topics: Secured Finance, Masa Kikuchi, DeFi capital markets, fixed-term loans, order book DeFi, yield curve, interbank DeFi, TradFi to DeFi, OTC derivatives, Ethereum, Pragma Tokyo, ETHGlobal, crypto lending, decentralized finance, smart contract clearing, DeFi Japan, web3 finance, FX forwards, financial infrastructure, protocol labs, Falcon storage, lending protocol, zk-rollups, DeFi adoption, institutional crypto, decentralized yield curve
- Watch: https://streameth.org/watch/yt-S7721X9cOPQ
- YouTube: https://www.youtube.com/watch?v=S7721X9cOPQ

## Description

Masa “Senshi” Kikuchi, founder of Secured Finance, unveils the launch of their institutional-grade DeFi platform live at Pragma Tokyo. Built to bridge the gap between traditional finance and crypto, Secured Finance brings interbank-grade, peer-to-peer capital markets to decentralized finance. In this talk, Masa shares the project’s origin story from ETHGlobal’s HackFS, outlines the problems with existing DeFi money markets, and demonstrates how Secured Finance enables fixed-term lending, real yield curve formation, and smart contract-based clearing for digital assets.

Learn how they’re unlocking long-term investment tools, derivatives, FX forwards, and more—all while opening the door for institutional adoption through decentralized, composable infrastructure. If you're interested in the next evolution of DeFi, this is one you don’t want to miss.

00:00 Intro to Masa and Secured Finance
00:50 Building interbank-grade DeFi markets
01:27 Mission to bridge TradFi and crypto
02:12 Origin from HackFS and early milestones
03:41 Interbank markets are already decentralized
04:30 OTC derivatives market size breakdown
05:15 Capital markets vs DeFi money markets
05:59 Why TradFi can’t yet offer full crypto services
07:23 Building yield curves with ex-TradFi experts
08:06 Yield curves: order book vs AMM rates
08:49 Fixed-term lending and borrowing launch
09:30 Product is live: 32 fixed-term loan markets
10:21 Whitepaper, app, and documentation launch
11:06 Three-phase go-to-market strategy
11:47 Rapid community growth and user traction
12:41 7K+ unique wallet connections post-launch
13:22 Training program to become a top DeFi trader
14:02 Japan’s commitment to Web3 leadership
14:42 Closing applause and project recap

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🇯🇵 *Pragma Tokyo*
It’s always been about hackathons. Until now! Kicking off in Tokyo we announced the latest edition to the ETHGlobal family last week. Pragma will be one day summit, focusing on high quality talks in an intimate atmosphere that fuels reimagining the world and networking with like-minded individuals. Watch the full Pragma Tokyo 2023 playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh72VNBeeMzsvxnDdJH-vPhZ&si=z7enlsk30_DUjIoL

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✅ *Follow Masa 'Senshi' Kikuchi*
X: https://x.com/masa_web3

✅ *Follow Secured Finance*
X: https://x.com/Secured_Fi

✅ *Follow ETHGlobal*
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

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