TREE NEWS reports: Compound Finance has approved a record $52 million budget and reshuffled leadership, aiming to revive growth after its TVL fell from $12 billion in 2021 to $1.2 billion. The protocol is pivoting to institutional clients, developing RWA products, partner integrations, and credit infrastructure to meet TradFi compliance standards. This move aligns with the broader DeFi trend of serving traditional financial institutions.
Compound Finance Approves Record $52M Budget, Pivots to Institutions
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
13m ago
Crypto-related US stocks dip 0.08%, week up 12.05%
57m ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone
1h ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week
2h ago
US Jobs Report Knocks Bitcoin Below $81,000
2h ago
Pineapple Financial to tokenize $10B mortgages on Injective
2h ago
FinCEN: $13B in crypto scams tied to non-US operations