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MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet


MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet

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  • Rune Christensen suggests a Trump victory could spur DeFi growth by easing U.S. regulatory uncertainties.
  • Christensen is reportedly considering a rebrand of Sky Protocol back to Maker, following community feedback.
  • MakerDAO announces a $1 billion investment in tokenized U.S. Treasuries to enhance its financial foundation.

As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi).

According to Christensen, clearer regulations could drive significant DeFi user growth. He predicts that reduced regulatory uncertainty may lead to a 10x increase in users, …

The post MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet appeared first on Coin Edition.

Read the article at CoinEdition

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