The worlds of traditional finance and cryptocurrency/blockchain are still far apart. But we should keep our eyes open for signs of a longer-term convergence between legacy and decentralised finance, says Chris Thomas, an entrepreneur and former investment banker and asset manager.

Blockchain can easily replicate some key functions of investment banks and asset managers at a much lower cost, says Thomas, who is our guest in the latest episode of the New Money Review podcast, ‘the future of money in thirty minutes’.