How venture capital firms are playing the DeFi boom thus far in 2020

Quick Take

  • Over the past six months, The Block has identified at least 17 DeFi protocols that have received funding for their projects
  • The month of July, alone, had six deals, the same as the total number of deals from March to May 
  • With the recent success of DEXs, derivative equivalents may be the next category to pay attention to, three projects have received funding in the past six months
The Block's John Dantoni takes a look at the recent VC-related developments around the DeFi space.

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