30 Sep 2022
At Cherry Crypto we work at the earliest stages with founders and often come to the discussion of how to structure their first financing round. I wanted to share our thoughts with the hope that others find it helpful and to help sharpen our own thinking. The main and obvious...
28 Jun 2022
The synthesis of NFTs and DeFi promises to unlock utility for all types of NFTs by enabling their use in a host of financial services. A segment within this space that we’re excited about is NFT-backed lending. Most loans in DeFi today are either overcollateralized with fungible tokens or...
09 May 2022
Lending markets are a core financial primitive with one of the highest adoption rates across DeFi today. The top 3 lending protocols, Aave, Compound, and MakerDAO currently have around $10B in outstanding loans. While loan volume is one lens through which to look at these lending protocols, another is to...
17 Feb 2022
Today, alongside my partners Brett and Yannis, we announced the launch of Cherry Crypto, a first check crypto fund. We wrote a post outlining our strategy and shared it on our new website here. We’ve been investing in crypto at Cherry Ventures since 2018, and are now formalizing our...
22 Oct 2021
Lending markets were one of the first decentralized finance (DeFi) primitives to show product-market fit and have consistently ranked amongst the applications with the most traction. A quick glance at total value locked (TVL) across DeFi protocols today reveals that 4 of the top 5 are lending protocols, holding over...
