The Merkle: ESG DeFI, the next Trillion Dollar Asset Class Featured
We’ve witnessed an avalanche of investment into crypto over the last two years thanks to the introduction of DeFi. Despite lingering high energy consumption and negative environmental impact narratives that aren’t necessarily untrue, $ millions have continued to pour into what seems like a never-ending cycle of DeFi products that offer lucrative returns on crypto assets. A chunk of that investment in 2021 has been directed towards ESG-focused and impact-driven projects in DeFi that reallocate funds for the public benefit or create new asset classes altogether to fight climate change for example. The x-factor here is the web3 dynamic where
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