Greylock Partners Partner Sarah Guo joins Emily Chang and Bloomberg's Sonali Basak from the crypto conference in the Bahamas to discuss DeFi exchange infrastructure provider 0x Labs's recent $70 million Series B led by Greylock, as well as crypto VC investing trends and what the metaverse might look like.
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Francisco Gimeno - BC Analyst 0x Labs is a DeFi exchange infrastructure provider. DeFi is innovative and growing, so probably we are going to see some kind of regulations or common grounds to protect consumers, users against scams, frauds, or just bad DeFi products. Crypto investments are coming to DeFi now in big amounts, probably as a way for VCs and institutions to position themselves, looking at the big picture (including the Metaverse and Metaverse's platforms!). DeFi is becoming important and this will start affecting society sooner than later.