Decentralizing Finance: How DeFi, Digital Assets and Distributed Ledger Technology Are Transforming Finance

  • 9h 7m 30s
  • Kenneth Bok
  • Gildan Media
  • 2024

In Decentralizing Finance, blockchain and digital assets expert Kenneth Bok offers an insightful exploration of the current state of decentralized finance (DeFi). As distributed ledger technology (DLT) increasingly optimizes and democratizes financial ecosystems worldwide, this book serves as a guide to the most salient aspects of the ongoing transformation.

The text delves into both crypto-native DeFi and DLT applications in regulated financial markets, providing:

  • Comprehensive analysis of crypto-native DeFi across key areas such as its competitive landscape, infrastructure, financial instruments, activities, and applications.
  • Coverage of key risks, mitigation strategies, and regulatory frameworks.
  • Insight into how DLT is reshaping traditional financial systems through innovations like central bank digital currencies, tokenized assets, tokenized deposits, and institutional-grade DeFi platforms.

Authored by a former Goldman Sachs trader, past head of growth at Zilliqa, and an early Ethereum investor with extensive experience in both traditional finance and the crypto ecosystem, Decentralizing Finance provides you with an insider's perspective on the revolution that is DeFi.

About the Author

KENNETH BOK is Managing Director of, a digital assets advisory firm based in Singapore. He started his career in finance as an equities derivatives trader for Goldman Sachs. He was previously Head of Growth and Strategy at Zilliqa, where he led ecosystem and business development, and lead organiser for De/Centralize 2018, a groundbreaking conference on digital assets and blockchain.

In this Audiobook

  • Introduction
  • Chapter 1 - What Is DeFi?
  • Chapter 2 - Infrastructure and Instruments
  • Chapter 3 - Activities and Applications
  • Chapter 4 - Risks and Mitigation
  • Chapter 5 - Regulation
  • Chapter 6 - Central Bank Digital Currencies
  • Chapter 7 - Asset Tokenization
  • Chapter 8 - Deposit Tokens
  • Chapter 9 - Institutional DeFi
  • Chapter 10 - Conclusion