The newly minted Cake DeFi Ventures, will invest in gaming, Web3 and financial technology developers on behalf of its decentralised finance parent.

Singapore-based decentralised finance services provider Cake DeFi launched a venture capital unit called Cake DeFi Ventures (CDV) on Wednesday capitalised to the tune of $100m. Founded in 2019, Cake DeFi provides services such as cryptocurrency trading and liquidity mining as well as the staking and lending of cryptocurrencies. It boasts over $1bn in managed customer…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.