DeFi Project Aave Raises $25M From Blockchain.com and Other Investors
Blockchain Capital, Standard Crypto, and Blockchain.com Ventures all joined the investment for the third-largest DeFi protocol.
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
"TVL isn't the best indicator when ETH and all other crypto is green for weeks," one observer said of DeFi's recent growth.
DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.
Aavegotchi – a retro, Tamagotchi-inspired game that came to life at the end of DeFi Summer – is launching in full on Jan. 4.
DeFi platform Aave has rolled out its second version, with several features that should make it more flexible and more capital efficient.