Compound Allocates $52M Budget for Institutional Growth and Leadership Restructuring

Compound approves $52M budget to target institutional users and traditional finance integration, coinciding with leadership changes amid a 90% TVL decline from peak.

Woofun AI reports that Compound has authorized a $52 million budget allocation alongside a restructuring of its leadership team. The protocol intends to prioritize the acquisition of institutional clients and the delivery of physical asset solutions, partner integrations, and credit infrastructure to traditional financial markets. Current total value locked stands at approximately $1.2 billion, representing a 90% decrease from the $12 billion peak recorded in 2021.