Top 10 DeFi Startups Drawing Attention from TradFi Investors
Nord Finance
Mumbai's Nord Finance offers decentralized insurance for DeFi risks, covering smart contract failures with premiums as low as 1%. TVL in coverage pools, $400 million.
TradFi hook: Co-branded policies with Bajaj Allianz, insuring $200 million in institutional DeFi positions by mid-2025.
Funding: $2.5 million from Woodstock Fund in 2021. $4 million from Insurance Australia Group in 2025.
Unocoin
Bengaluru's Unocoin, India's first crypto exchange (2013), launched DeFi staking hubs yielding 6-8% on altcoins, integrated with Solana for speed.
TradFi attraction: Tie-up with Canara Bank for crypto custody, tokenizing savings schemes in March 2025.
Funding: $1.5 million early rounds. $3 million from institutional debt via SIDBI in 2025.
