The Alliance said its main focus, for now, will be on financial CeDeFi applications, though it ultimately wants to expand its horizons to support innovation in other industries.
The smart exchange ecosystem creators Unizen is working with its partner Jun Capital to foster the development of the nascent centralized decentralized finance industry.
The two partners have announced the creation of the CeDeFi Alliance, a new crypto non-profit initiative that aims to focus on bringing greater compliance and regulatory frameworks to the world of DeFi.
Unizen is a big proponent of CeDeFi with its unique exchange platform that aims to marry the best features of centralized and decentralized exchanges. It’s called Uniswap, and it makes it easy for traders to find the most profitable trades across multiple CEX and DEX platforms, including the biggest CEX of them all, Binance. The advantage is that traders can find the lowest possible fees while exchanging crypto along with super-fast and low-cost transactions.
CeDeFi is an innovative new finance system that aims to bring the benefits of CeFi to DeFi apps, with the goal of making crypto assets more accessible and scalable, thereby increasing blockchain adoption in the traditional financial world.
Unizen will lend its experience of building the CeDeFi world, while Jun Capital will provide the capital and organizational support to the CeDeFi Alliance to help it achieve its mission of bringing together decentralized teams and centralized decision-makers so they can proactively cooperate with one another.
What’s interesting about this initiative is that Unizen and Jun Capital have some experience in driving CeDeFi already thanks to their previous cooperation on the ZenX Incubator, which aims to foster the growth of innovative DeFi projects aiming to achieve strong regulatory standards. The CeDeFi Alliance will work on establishing regulatory and theoretical frameworks for CeDeFi, enabling projects housed by the ZenX Incubator and other teams to focus on building the applications and use cases that make CeDeFi a reality.
“An efficient financial system needs elaborate regulation, full compliance, a versatile tech toolkit, and high-impact communication,” Unizen said in a statement. “CeDeFi Alliance will achieve just that – by lobbying the CeDeFi interests with key stakeholders in the industry, securing unique institutional and governmental opportunities, and creating a partnership network.”
The Alliance said its main focus, for now, will be on financial CeDeFi applications, though it ultimately wants to expand its horizons to support innovation in other industries.
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