‘Big Money’ Into DeFi

What happened: On Monday, crypto venture firm Electric Capital said it raised US$110M for its second fund. Key points: 90% came from institutional investor, including college endowments and philanthropic foundations. Will invest in equity, tokens and a blend of both. DeFi is 1 of 3 focus areas. Size of investments: $250K–$10M. 30% already invested: As […]