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How venture capitalists are adjusting to the brave new world of DeFi

DeFi • May 18, 2021, 2:04PM EDT
UPDATED: May 20, 2021, 9:37AM EDT
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Quick Take

  • Investment in DeFi accounted for 26% of the $3.18 billion that private investors poured into crypto and blockchain projects in the first quarter of 2021.
  • Backing DeFi projects requires venturing into uncharted waters relative to traditional equity investing.
  • The Block spoke with a half dozen VCs to learn about how they are approaching the new field.
DeFi was the most popular private investment category for crypto in Q1. The Block spoke with VCs about how they approach the new field.
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