Workflow
Tokenizing Real-World Assets (RWAs)
icon
Search documents
A16z-Backed Daylight Brings Electricity Markets Onchain With New DeFi Protocol
Yahoo Financeยท 2025-12-09 14:09
Daylight, a decentralized energy startup backed by a16z crypto and Framework Ventures, has launched Tuesday a new protocol on Ethereum that aims to turn electricity into a yield-bearing crypto asset. The protocol, dubbed DayFi, aims to create "capital markets for decentralized energy," Jason Badeaux, founder of Daylight, told CoinDesk in an interview. The rise of data centers, robotics, electric vehicles and autonomous fleets set to dramatically increase power demand, while installing new capacity in the ...