The next billion users in DeFi panel with Vineet Budki & ‘Ram’ Ramachandran

Latin America and Africa present a unique opportunity for crypto and Web3. The two continent’s history has been turbulent, and the majority of people know all too well what it feels like to get “rugged” by their governments whether it be through rampant inflation, restrictive monetary policy, or blatant corruption. Yet, with a combination of a large online population, a growing pool of talented developers, and the desire to improve their situation there is fertile soil for crypto and web3 to take root. Many of the industry’s most influential figures are noticing this. Binance Founder and CEO CZ made a surprise appearance at a recent conference to announce the exchange’s plan to expand into Brazil. CZ is meeting with government officials in São Paulo and Rio de Janeiro as he eyes where to set up shop for his Brazilian headquarters. In addition, heavyweights Coinbase, Crypto.com, and others are attempting to expand in the territories too. Furthermore, the varied economic situation in each country in these two large continents affect how the populations interact with cryptocurrency. This uncertain environment has spurred these citizens to prioritize the immediate future and utilize cryptocurrency for its practical use as a currency. Panel: Vineet Budki Managing Partner & CEO, Cypher Capital @vineetbudki Ramani ‘Ram’ Ramachandran CEO Router Protocol & Dfyn Exchange @CryptoMan_Ram