Compund DAO approves a $52 million budget, with a strategic shift to an institutional-level DeFi market

According to Coindesk, Compund DAO approved a $52 million budget and restructured its leadership team to shift the strategic focus to institutional clients and plan to expand RWA, partner integration and traditional financial credit infrastructure. Compund TVL currently stands at $1.2 billion, down 90 per cent from its peak of $12 billion in 2021。