Bitwise makes first institutional DeFi allocation
From Cointelegraph
March 6, 2025 11:35 AM:
Bitwise Asset Management allocates to Maple Finance’s DeFi, increasing TVL by $5 million. Bitwise’s investment signifies a shift towards on-chain lending markets. Institutional investors explore DeFi with Trump’s crypto-friendly administration. Maple’s strategy earns over 9% APR, surpassing rates on Aave and traditional money markets. Bitwise manages $12 billion in AUM, including crypto ETFs.
Read more at Cointelegraph: Bitwise makes first institutional DeFi allocation