MoneyLion CEO Dee Choubey called the initial development "the beginning of the education process" for its consumers during the "early innings of DeFi" and talked about the potential to explore different yield products, crypto payment applications and NFT marketplaces down the road.
"It's a very important first step if we think that the future of fintech is DeFi," he said. "We will have created a segment of the population and have exposed them to DeFi, so when it becomes more ubiquitous, they're fully prepared to take advantage of it."