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Why $4M Dai Made From WBTC Matters for DeFi's Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (Credit: CoinDesk archives)
Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (Credit: CoinDesk archives)