DeFi Protocol Tranchess Raises $1.5M in Seed Round Led by Three Arrows, Spartan
Money raised will go toward furthering the project's expansion while completing the development of its DAO.

Aave, Fireblocks and Galaxy Explore Next Steps Toward Permissioned DeFi
The whitelisting and blacklisting of DeFi participants will make life easier for institutions, but potentially at a cost.

BaFin-Licensed DeFi Firm Swarm Starts Onboarding $15M of Pledged Liquidity
Swarm Markets, which claims to be the world’s first regulated DeFi protocol, says 250 customers have ponied up funds.

Cream Finance Announces Integration With Polygon
Cream’s users will be able to lend and borrow supported assets.

CEO Brian Armstrong Flags Self-Custody, DeFi Access as Coinbase Priorities
He said the exchange will be adding assets more quickly and creating a crypto app store, among other steps.

Is a Regulatory Crackdown on DeFi Approaching?
Tegan Kline, the co-founder of Edge and Node, a software development firm dedicated to building “the Google of the decentralized web,” explores the possible outcomes of regulators beginning to grapple with decentralized finance (DeFi). She also connects the dots between indexing protocol The Graph and the world of DeFi.

Coinbase Debuts Savings Product With 4% APY on USDC Deposits
The crypto exchange is touting far higher yields than what traditional savings accounts can offer.

DeFi Meets AI: Fetch.ai Launches ‘Intelligent Automation’ for Uniswap V2 and PancakeSwap
Users will be able to create up to five “DeFi Agents” with stop-loss triggers.

A16z Leads $12M Investment in DeFi-Native Crypto Tracing Firm Nansen
“We’re not basing our company on some KYC’d version of DeFi coming out in the future,” said Nansen CEO Alex Svanevik.

Ethereum Gas Fees at 6-Month Low as Market Cools, Layer 2 Solutions Ease Congestion
Ethereum gas fees have abated with decreasing network congestion. Also, there's Flashbots.
