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Asymmetric Financial has a plan to unlock Bitcoin’s trillion-dollar potential with dedicated DeFi fund
As the digital asset industry picks up steam again, some crypto funds are looking to hone in on specific sectors. Crypto fund Asymmetric Financial is
Decentralized finance or DeFi uses blockchain-specific technology – in this case Bitcoin – as a way for market players and retail investors to transact with one another directly, typically through self-executing contracts, negating the need for third parties and institutions. Some target uses for DeFi include decentralized lending and borrowing applications, which allow individuals to access capital without needing to show a credit score, for example. As it stands, very few crypto venture capital firms invest in Bitcoin-centric startups, and those that do often veer away from subsectors of the blockchain like DeFi, layer-2 (L2) scaling networks, Ordinals and decentralized applications (dApps).
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