Solana Research Institute estimates $11.2 billion of FMI revenue could survive onchain shift

A new report argues most of the $31.5 billion earned by financial market infrastructure would shift to users and new entrants if it moved to public blockchains without protection The back office of global finance makes a lot of money doing work almost nobody sees. A new report from the Solana Research Institute argues that most of that money would change hands if the work moved onto public blockchains. The institute, known as SRI, puts the global annual revenue pool for financial market infrastructure (FMI) at $31.5 billion . In a scenario with no regulatory safeguards for existing operators, it estimates only $11.2 billion would stay with today’s incumbents. The other $20.3 billion , by SRI’s math, would pass to users and new competitors through lower costs.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.