BlackRock to Pump Up DeFI 1.0

DeFi 1.0 refers to the first generation of decentralized finance. It includes lending, borrowing, and trading protocols on the blockchain. With BlackRock’s support, DeFi 1.0 could become the dominant narrative in 2024.

🧐 Aside from BlackRock’s interest, here are two key factors that could kickstart the new trend:

▪️ With the SEC dropping its lawsuits, DeFi has room to grow.

▪️ The supply of most DeFi 1.0 tokens is fully in the market, indicating zero selling pressure from funds.