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Crypto VC Framework Ventures to help Better with $500M DeFi play — TradingView News

Crypto VC Framework Ventures to help Better with $500M DeFi play — TradingView News

Crypto venture firm Framework Ventures has partnered with mortgage services company Better to help it launch a $500 million plan to integrate with the decentralized finance protocol Sky, formerly MakerDAO.

Better said on Monday that Framework would help it provide $500 million in credit to Sky’s stablecoin ecosystem, enabling it to launch tokens tied to mortgages that would generate yield.

Framework Ventures co-founder Vance Spencer said real-world assets are “one of the most important frontiers in decentralized finance, and government-backed conforming mortgages are one of the largest real-world asset classes in the world.”

The plan comes amid a broader interest in tokenization from traditional finance companies, with firms such as…

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