Framework’s Michael Anderson: ‘Ethereum is where DeFi will continue to be’

Cointelegraph

Published Sep 12, 2020 04:45AM ET

Updated Sep 12, 2020 06:20AM ET

Following the collapse of initial coin offerings, venture capital became the primary funding source for cryptocurrency projects. A slew of crypto-native funds opened their doors, one of them being Framework Ventures, a fund primarily investing in decentralized finance that was co-founded by Michael Anderson and Vance Spencer.

Cointelegraph previously reported on Anderson’s philosophy of network capital, a change in investing mindset that is almost necessary in a space where decentralized protocols take the place of traditional companies and equity structures.

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