Three hundred investors have ponied up funds for the initial public offering (IPO) of crypto exchange INX, according to Etherscan.
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN).
Doing its IPO on the Ethereum blockchain gives the public, and INX itself, a novel vista on the process, which traditionally has been a back-room affair.
MakerDAO’s Rune Christensen, Compound’s Robert Leshner and Uniswap’s Hayden Adams discussed the state of the $3.8 billion DeFi market.
DeFi’s surge has created an interesting dynamic: Traditional fund managers are beginning to experiment with what decentralization has to offer.