Skip to content
Matt Levine

Putting a Blockchain Wrapper on the Financial System

If you think the crypto ecosystem is good, then bring the rest of finance into that system — even if it’s not particularly crypto-y on its own.

Put a wrapper on it.

Put a wrapper on it.

Photographer: Dan Kitwood/Getty Images Europe

This post originally appeared in Money Stuff.

Here’s how a depositary receipt works: