News

Prominent Cryptocurrency Companies Launch Chicago DeFi Alliance To Save Decentralized Finance

Roland James

Summary: A group of major trading and cryptocurrency companies in the United States have launched an alliance to support the decentralized finance (DeFi) lending sector, amid its apparent ongoing collapse. According to a blog post from crypto fund Volt Capital on April 7, the Chicago DeFi Alliance (CDA) will look to provide support and guidance on ...

A group of major trading and cryptocurrency companies in the United States have launched an alliance to support the decentralized finance (DeFi) lending sector, amid its apparent ongoing collapse.

According to a blog post from crypto fund Volt Capital on April 7, the Chicago DeFi Alliance (CDA) will look to provide support and guidance on how to comply with trading regulations and other applicable requirements to DeFi-focused startups and entrepreneurs.

The members of the alliance include Volt Capital, major brokerage firm TD Ameritrade, crypto investment firms CMT Digital, DeFi startup Compound Finance, Chicago trading shop DV Trading, Cumberland DRW, financial services firm Arca.

By Roland James

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago
  • You need to login to comment.