Under the broader context of the integration of DeFi and RWA, a batch of innovative platforms are emerging in the lending sector. Nexo, as a globalized crypto lending and wealth management platform, combines the features of CeFi and DeFi, focusing on a professional-grade user experience and compliant operations. Its emergence meets the security needs of traditional financial users transitioning onto the blockchain.

Meanwhile, on-chain lending aimed at institutions is also breaking through. Cicada Finance is attempting to solve the structural pain points in DeFi—how to achieve unsecured, low-risk lending on-chain? This problem was almost unsolvable in the past. Cicada's institutional lending protocol offers a new approach to this long-standing challenge.

These two directions are actually answering the same question: how to fulfill genuine financial needs on the blockchain. Whether for consumer-grade or institutional-grade users, DeFi is evolving from a simple trading tool into a complete financial infrastructure.