Institutional money is pumping the DeFi markets back up
Since making its first investment in October, Polychain Capital is now the 10th-largest holder of YFI. Institutional money appears to be flowing into the decentralized finance (DeFi) sector, with Yearn Finance (YFI) among the top beneficiaries.According to crypto market data aggregator IntoTheBlock, on-chain transactions of $100,000 or higher have increased by 282% over the past week — including nearly $134 million worth of activity on Nov. 10 alone.Volume of on-chain YFI transactions exceeding $100,000 in value: IntoTheBlockAccording to crypto market analysis firm Messari, YFI was the top....
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Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels.According to blockchain intelligence firm Chainalysis, institutional investors played a major role in decentralized finance (DeFi) adoption in Q2 2021.In its soon-to-be-released “Global DeFi Adoption Index” report, Chainalysis stated:“Large institutional transactions, meaning those above....
Grayscale Investments is set to float a fund targeting blue-chip assets in the decentralized finance space. Michael Sonnenshein, CEO of digital asset management giant Grayscale, has announced a new investment vehicle for the firm targeted at decentralized finance (DeFi) assets.Sonnenshein announced Grayscale’s planned DeFi Fund and Index during an appearance on CNBC’s Squawk Box. Detailing the purpose of the new product, the Grayscale CEO said the fund would offer exposure to DeFi assets, such as Uniswap (UNI) and Aave, for its institutional clients.According to the Grayscale chief, the....
In its latest seed funding, Infinity Exchange investors allied behind the need for more secure institutional investment. Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed round in a bid to boost institutional adoption for DeFi.Infinity Exchange is led by ex-Morgan Stanley executive Kevin Lepsoe, who left the world of traditional finance with sights set on the possibilities provided for investors through DeFi.However, the founder says that institutional investment is critical for providing strong....
It appears that decentralized finance (DeFi) is back in vogue after a strong 80% correction throughout the past two months. There is a large amount of institutional capital being deployed back into the DeFi space as top coins bounce strongly from their lows. For some context, top coins pertaining to this space have gained massively […]
PRESS RELEASE. DeFi is a risky investment. It can deliver huge returns – but also you can waste all your money. Objectively, many DeFi projects are a scam, and if they give dishonest promises or steal your money you have no way to get your money back or find the responsible persons. For this reason, the odds of becoming rich with investing in DeFi are against you. On the other hand, safe investing like government bonds or a stock market is also not very interesting. The 3% annual yield is interesting only to pensions funds and old-fashioned investors. The real trick is finding the....