CeDeFi for Banks report by Capgemini offers a taxonomic reference model for banks to understand decentralized finance (DeFi). The report suggests initial steps for financial institutions to leverage DeFi features without losing control, creating a new category of centralized/decentralized finance (CeDeFi). The report describes the elements of a robust DeFi taxonomy, including payments, CBDCs, digital assets, tokens, NFTs/metaverse, and Web 3.0. It also highlights core portfolio capabilities that a bank can transform through CeDeFi, such as financial market infrastructure, custody, cross-border payments, and interoperability. The report aims to guide banks in their digital transformation journey.
