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…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.