China’s Nervos, a Major Public DLT Network, Introduces $5M Fund for Blockchain and Fintech Entrepreneurs China’s Nervos, a major public blockchain network, has introduced a $5 million fund that will provide cash grants to blockchain and Fintech entrepreneurs developing new solutions for “the future” of decentralized finance (DeFi). As mentioned in a release shared with CI, the pledge “comes amid recent backlash and controversy involving centralized trading platforms and aims to accelerate the shift from a centralized financial infrastructure built on legacy technology to a decentralized one powered by blockchain.” As more retail traders begin entering the traditional equities and digital asset markets in record numbers, centralized finance has “begun to show signs of cracks in its infrastructure,” the announcement noted.