A16z-Backed Daylight Brings Electricity Markets Onchain With New DeFi Protocol
PositiveCryptocurrency

- The DayFi protocol, backed by A16z, has been launched by Daylight to integrate electricity markets into blockchain technology, transforming electricity cash flows into a crypto-native yield product aimed at financing new solar power installations.
- This development is significant as it represents a convergence of renewable energy and decentralized finance, potentially attracting new investments into solar power projects and enhancing the efficiency of capital allocation in the energy sector.
— via World Pulse Now AI Editorial System

