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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

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Link: Prominent Cryptocurrency Companies Launch Chicago DeFi Alliance To Save Decentralized Finance   [Copy]
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