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CoinDesk

Compound bets $52 million, new leadership team in switch to institutional focus

The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost interest.

Photo: CoinDesk

The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost interest.

Originally published by CoinDesk. Read the full story at the source →

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