This Week In DeFi – June 3

To the DeFi community, This week Binance’s venture capital arm, Binance Labs, raised $500 million for a new web3 investment fund – its first using outside investment. DST Global Partners and Breyer Capital backed the fund, along with a number of private equity funds, family offices, and corporations. The fund is looking to support projects … Read more

This Week In DeFi – May 27

To the DeFi community, This week a16z has raised a mammoth $4.5 billion for its fourth crypto fund – also its largest to date. The fund will be split into $1.5 billion for seed investments and $3 billion for venture financing. Overall, the fund will focus on web3 gaming, DeFi, decentralized social media, zero-knowledge proofs, … Read more

This Week in DeFi – April 29

To the DeFi community, This week Optimism $OP token rumors come true, as the Ethereum Layer-2 scaling solution announces new plans for its governance structure and token distribution. The “Optimism Collective” will be governed by two houses; The Citizen’s House will govern public goods funding, while the Token House will govern protocol upgrades and project … Read more

This Week in DeFi – April 22

To the DeFi community, This week Tron crashed the algorithmic stablecoin party, announcing that it will launch its very own USDD stablecoin May 5th. The coin will be supported with TRX and $10 billion worth of crypto reserves – as well as offering 30% interest rate. This may be one to watch, as it attracts … Read more