Compound Foundation announced a new leadership team and a $52 million DAO-approved development program, the largest in the protocol’s history, to focus on bringing institutional credit onchain. The new team includes Aaron Schnarch as Executive Director, Christopher Donovan as COO, Steven Liu as CPO, and Leo Eikelman as CTO. Compound said it plans to develop institutional-focused products, including native RWA support, improved capital efficiency, and integration tools that allow financial institutions to embed onchain lending services. The protocol has processed approximately $480 billion in deposits and borrowing volume since launching in 2018.