Cardano Founder Calls Bitcoin DeFi Space 'Huge' Amid SEC Tokenized Stocks Breakthrough

Charles, likely referring to Charles Hoskinson, founder of Cardano, has called Bitcoin's DeFi space 'huge TVL' or Total Value Locked. This means that a significant amount of value is being locked in decentralized finance (DeFi) protocols on the Bitcoin network. The news comes as part of the Daily #Cardano $ADA News! update from KuCoin.

The same update mentions that the US Securities and Exchange Commission (SEC) has advanced tokenized stocks. This development could have significant implications for the broader crypto market, particularly if it leads to more institutional investment in digital assets.