Michael Nadeau is the founder of The DeFi Report, a research service and educational newsletter focused on value accrual within the Web3 tech stack. He is also a strategic adviser to multiple start-ups in the digital asset space. Prior to starting The DeFi Report, he was the director of ecosystem strategy at Inveniam, a digital asset firm helping owners and managers of private market assets prepare for tokenization. Before joining the Web3 space, he spent 12 years in traditional finance at a family office, Boston Properties and MIT Investment Management Company.