Base Layer

Base Layer Episode 133 - Michael Anderson, Framework Ventures: DeFi becoming $3B Industry by end of 2020 & how they invest in it

05.03.2020 - By David Nage | BlockWorks GroupPlay

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Michael joins us on Base Layer from Framework Ventures;  venture capital fund Framework Ventures is investing heavily in the decentralized finance industry, also known as DeFi. The San Francisco-based firm believes that the industry is going to become a $3 billion-plus industry shortly, and will bring major financial institutions on board. The firm was built by Michael Anderson, 29, who grew up in the Bay area, and has spent his career working for major tech companies such as Dropbox and Snapchat, along with his co-founder, Vance Spencer, 28, who’s worked for Netflix.

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