$DEFI is up 10% today!! They recently announced that they've entered the DeFi Alliance along with companies such as Coinbase, Jump Capital, and over 150 corporations.
Why would this be beneficial for $DEFI? Well, there are many reasons why this is actually a great move by $DEFI.
- Access to a broader range of early-stage companies
- They'll provide mentorship, investments, and other support. It gives $DEFI another way to access new and innovative companies in the DeFi sector
- Partnerships with these startups can also help existing products/companies under the $DEFI umbrella
https://ca.finance.yahoo.com/news/defi-technologies-follows-coinbase-other-113000547.html
$DEFI’s venture portfolio has always been the main thing that impressed me, so I'm even more excited about the future! Being alongside companies like Coinbase is bound to attract promising, up-and-coming companies/startups.
Overall, great news from $DEFI. With crypto still sitting near 4-month highs, things are looking good. Currently, the market cap is sitting right around $346M.