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Compound Makes a $52M Push Into Institutional Finance After Retail Interest Fades

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TL;DR Compound approved a record $52 million budget and renewed its leadership team to attract institutional capital to the DeFi ecosystem. The protocol lost nearly all of its $12 billion TVL from 2021, now down to just $1.2 billion, while…

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Compound Makes a $52M Push Into Institutional Finance After Retail Interest Fades
Crypto Economy 2h ago

Compound Makes a $52M Push Into Institutional Finance After Retail Interest Fades

TL;DR Compound approved a record $52 million budget and renewed its leadership team to attract institutional capital to the DeFi ecosystem. The protocol lost nearly all of its $12 billion TVL from 2021, now down to just $1.2 billion, while…