It's one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
The firm's new robo advisor, RAY, automates the process of finding high-yielding opportunities.
Decentralized finance (DeFi) applications are popping off Tuesday, and the ETH price spike isn't the whole story.
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.
For its Version 2 launch, crypto interest app Compound has partnerships with Coinbase Wallet, Zerion and a bridge to fellow DeFi leader Uniswap.