DeFi

Synthetix Considers Purchase of Options Platform Derive in $27M Token-Swap Deal
If approved, the uncommon token swap deal would reunite two previously split protocols as Synthetix expands its derivatives suite.

DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg
Andrew Peel plans to start fundraising for the new venture soon, according to the story.

Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share
Rootstock is one of numerous projects looking to bring greater utility to Bitcoin by expanding the provision for DeFi with smart contracts.

DeFi Development Adds $11.2M in SOL, Bringing Holdings to More Than 400K Tokens
Formerly known as Janover, the company's SOL holdings are worth more than $57 million at current prices.

IntoTheBlock and Trident Merge With $25M Backing to Build Institutional DeFi Gateway
The newly formed Sentora aims to offer a compliant DeFi platform for sophisticated investors looking for yield, liquidity and risk management.

Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors
"I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative." Farrelly said.

How Alpha-Generating Digital Asset Strategies Will Reshape Alternative Investing
Now that returns that simply mirror the broader crypto market are easily attainable, investors are looking for more ways to potentially exceed the market, says Lionsoul Global’s Gregory Mall.

DeFi Development Plans to Raise $1 Billion to Buy More Solana
DeFi Development Corp. plans to use proceeds to bolster its Solana-focused treasury strategy and fund corporate initiatives.

Bitcoin Rollup Citrea Deploys Bridge to Tackle Collateral Bottleneck of Using BTC in DeFi
Citrea deployed its Clementine Bridge on the Bitcoin testnet, using programming language BitVM2

