[Crypto Finance CEO: Banks Are 5 Years Behind in the DeFi Sector] Crypto Finance CEO Stijn Vander Straeten stated that traditional banks are at least 5 years behind in their deployment within the decentralized finance (DeFi) sector, and large-scale adoption by major institutions may take 5 to 10 years. He pointed out that financial institutions tend to wait for regulatory clarity before entering new fields, and this delay makes it difficult for them to compete with crypto-native platforms. Crypto platforms have already introduced features like weekend stock trading and instant settlement, putting pressure on traditional finance. Vander Straeten emphasized that banks' core strengths lie in compliance and governance, while crypto platforms are faster in terms of innovation.