MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet

As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi).

MakerDAO联创:特朗普的胜选或将推动DeFi领域的复兴

据MakerDAO联合创始人Rune Christensen表示,特朗普的胜选或将推动DeFi领域的复兴,使用户数量增长十倍的可能性大大增加。

Rune指出,与加密领域的其他部分相比,DeFi从美国减少监管不确定性中受益最多,因此更有机会在放松监管的环境中快速发展。 https://t.co/bHytdXKFud

— PANews (@PANewsCN) November 7, 2024

According to Christensen, clearer regulations could drive significant DeFi user growth. He predicts that reduced regulatory uncertainty may lead to a 10x increase in users, potentially sparking a sustained DeFi boom.

DeFi Growth and Regulatory Impact

Christensen noted that DeFi is uniquely positioned to benefit from reduced regulatory barriers, more so than other crypto sectors. He stated that DeFi thrives in environments where risks related to regulation are minimized, especially in regions with transparent guidelines that foster organic growth.

He added that DeFi platforms rely heavily on open financial systems, making them more sensitive to policy changes. By easing constraints, he believes the DeFi ecosystem could attract more participants to decentralized financial services.

Read also: DeFi Needs TradFi Integration to Thrive: M^0 Labs CEO

MakerDAO’s Return to Original Branding Amid User Feedback

Alongside his commentary on DeFi’s regulatory future, Christensen recently proposed reverting MakerDAO’s branding from Sky Protocol back to its original “Maker” identity.

During an October 21 forum discussion, Christensen responded to community feedback, which favored the established Maker name over the newer branding. While acknowledging the success of projects like the USDS decentralized stablecoin and Sky Protocol, he emphasized that users associate the Maker brand with stability, security, and scalability—key elements of the platform’s long-term recognition.

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MakerDAO’s $1 Billion Bet on Tokenized Treasuries

MakerDAO recently committed $1 billion to tokenized U.S. Treasury products, strengthening its financial position. This investment aligns with the growing demand for tokenized treasuries, which have reached $1.85 billion in market value.

Carlos Domingo, CEO of Securitize and a partner of BlackRock, expressed enthusiasm about MakerDAO’s initiative. Domingo announced plans to submit a proposal supporting MakerDAO’s expansion into tokenized assets, underscoring the increasing integration of DeFi with traditional financial instruments.

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