DeFi Platform Abandons Consumer Applications to Become the Secret Backend of Tech Giants
2026-08-03 01:30:07
According to CoinMeta, due to the sluggish market, the revenue of the DeFi platform has dropped from 80 million US dollars to 20 million US dollars. As a result, they have decided to abandon their consumer applications and transform into the secret backend for tech giants. Currently, the outstanding amount of over-the-counter lending (OTC) business has reached 260 million US dollars, which is the fastest-growing business line, with a goal of reaching 1 billion US dollars by the end of the year.
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Source:Internet
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