Coinbase Invests Over $1 Million Into DeFi Sites

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One of the major reasons behind the rapid development of the cryptocurrency space is the presence of crypto exchanges and Coinbase is one of the most influential exchanges in the world. On Wednesday the company further strengthened its bets in the decentralized finance (DeFi) applications space by announcing a fresh round of investments.

Major Investment

Coinbase announced that it has decided to invest a total of $1.1 million in two separate projects through its USDC Bootstrap Fund. It is a major development for only the DeFi space but also the crypto space at large and it …

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