According to CoinDesk, Compound DAO has approved a $52 million budget and restructured its leadership team to refocus its strategy on institutional clients, with plans to expand into RWA, partner integrations, and traditional financial credit infrastructure. Compound’s current TVL stands at $1.2 billion, down 90% from its peak of $12 billion in 2021.
Compound DAO Approves $52M Budget to Shift Focus to the Institutional DeFi Market
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Summary
Compound DAO has approved a $52 million budget to accelerate institutional adoption, refocusing on the institutional DeFi market. The project has restructured its leadership and plans to expand into RWA, partner integrations, and traditional financial credit infrastructure. Compound’s TVL is now $1.2 billion, down 90% from its peak of $12 billion in December 2021. A past DeFi exploit contributed to the decline, but the new strategy aims to rebuild trust and attract larger participants.
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