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DeFi resurgence driven by Fed cuts, China, key protocols

An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.

Apollo Crypto, an investment management firm specializing in digital assets, has released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi).

Following the peak of “DeFi Summer” in 2020, the report notes a market slowdown. However, protocols like Maker, Uniswap and Aave have emerged as industry staples.

Related: Taurus, Aktionariat partner to enable trading of tokenized shares

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An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.
Apollo Crypto, an investment management firm specializing in digital assets, has released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi).Following the peak of “DeFi Summer” in 2020, the report notes a market slowdown. However, protocols like Maker, Uniswap and Aave have emerged as industry staples.Related: Taurus, Aktionariat partner to enable trading of tokenized sharesRead more  

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