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Decentralized Finance Symposium
University of St. Gallen

Decentralized Finance Symposium

University of St. Gallen, St. Gallen
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in-person · Instructor-Led · Zurich
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About This Program

Decentralized Finance (DeFi) is a growing ecosystem offering financial services in a fully decentralized fashion - that is, without intermediaries like banks, brokerages, or exchanges. Users of DeFi applications and protocols can lend or borrow, trade cryptocurrencies and other digital assets, purchase derivatives, earn interest from savings, and buy insurance. All of this is made possible by leveraging on blockchain technology and smart contracts, which provide decentralized trust. What are currently the most important business models of DeFi infrastructures and how are such services regulated in Switzerland? How does the Swiss Financial Market Supervisory Authority FINMA assess DeFi infrastructures? What does FINMA expect from licensed financial market institutions that want to use DeFi? The symposium intends to shed light on these questions by key notes and a panel with representatives from FINMA, the industry and academia. A summary of the event will be published in a white paper. The symposium is addressed to representatives of DeFi infrastructures from Swiss industry and from industry abroad, regulated financial institutions (banks, securities firms, etc.), academia and authorities.

Why University of St. Gallen?

HSG's executive programs are built around a single architectural idea: context-integrated learning, where economics, law, social sciences, and management are taught as a unified system rather than separate disciplines. That interdisciplinary structure, embedded in the school since its founding, produces graduates who reason across functions in a way that single-discipline business schools rarely match. For senior professionals who need to think across organizational silos, that is a concrete structural advantage.

Your Profile

  • Representatives of DeFi infrastructures from Swiss industry and from industry abroad.
  • Regulated financial institutions such as banks and securities firms.
  • Authorities and academia with an interest in DeFi regulation and oversight.

Benefits

  • Understand the most important business models of DeFi infrastructures today.
  • Navigate DeFi regulation in Switzerland and FINMA's supervisory approach.
  • Assess what FINMA expects from licensed institutions that use DeFi.

What You'll Learn

  • Business models of DeFi applications: an overview of current DeFi ecosystem structures and the bridge between DeFi and traditional finance.
  • Regulation of DeFi in Switzerland: regulatory anchor points of DeFi services and their use by regulated institutions.
  • Expectations of FINMA to get licensed: how FINMA assesses DeFi infrastructures and its requirements for licensed financial market institutions.
  • Keynote: Bridging DeFi and traditional finance - an industry outlook (Dr. Lidia Kurt).
  • Keynote: Liquity - a Swiss DeFi project which provides interest-free loans (Michael Svoboda).
  • Keynote: Regulatory anchor points of DeFi-services and their use by regulated institutions (Matthias Obrecht).
  • Panel discussion with representatives from FINMA, industry, and academia moderated by Prof. Dr. Nina Reiser.

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