Title: Investment Opportunity in DeFi: Leveraging Decentralized Insurance for Risk Mitigation Thesis: DeFi (Decentralized Finance) has emerged as one of the fastest-growing investment themes in the Web3 ecosystem, with a total

ABC Capital primarily invests in Web3 venture deals, and seeks to deploy capital across a number of investment
themes, including: 
▪ Infrastructure (i.e. L1s, L2s, Modular Blockchains) 
▪ Interoperability (i.e. Cross-chain, Bridging) 
▪ DeFi
Please select and research on one of the above investment themes, and pitch an investment idea related to your
chosen theme. Investment ideas should ideally be primary venture deals that are currently actionable for ABC Capital, though liquid investment ideas are also acceptable.
You are advised to present in the following manner: 
▪ Thesis around the chosen investment theme 
▪ Competitive landscape within the chosen investment theme 
▪ Investment target and rationale