Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.

I am your host Kristen Radosh of Arbor Research and Trading. Our presenter today is Jim Bianco of Bianco Research.

Today Jim will explain why you should understand Cryptos and DeFi.
· What is DeFi? How is it different from bitcoin?
· Why does it matter?
· Are US citizens being shut out?

For more information on DeFi, please follow these links:

https://www.forbes.com/sites/philippsandner/2021/02/22/decentralized-finance-will-change-your-understanding-of-financial-systems/

https://youtu.be/qFBYB4W2tqU

https://youtu.be/H-O3r2YMWJ4

Thank you for joining us today. As a reminder, Arbor Research & Trading is an institutional research and brokerage firm. Our two most prominent research offerings are Bianco Research & Arbor Data Science.

For further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at gus.handler@arborresearch.com.

#38: Why You Should Understand Cryptos and DeFi