31 Jan 2022 · 2 min read

Unizen Secures Funding to Kickstart CeDeFi Alliance

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Imge source: Unizaen

On 31 Jan, it was announced that Unizen has secured funding from investment platform JUN Capital to start a crypto non-profit, CeDeFi Alliance

The goal of CeDeFi Alliance will be to make crypto assets accessible on a large scale and drive the widespread adoption of blockchain technology, with a focus on compliance. It will unite decentralized teams together with centralized decision makers and encourage them to come together to cooperate, in order to reap the benefits of both industries. 

CeDeFi, which stands for Centralized Decentralized Finance, is one of this year’s biggest blockchain trends. It combines the best of both worlds: traditional centralized finance (CeFi) organizations, and mature decentralized finance (DeFi) applications. 

Through using CeDeFi, businesses can host several products and services on one platform, and deploy unique smart contracts, while at the same time lowering risks and offering quicker transactions. 

It is also providing a gateway for new users to explore the DeFi space through presenting vetted trade opportunities that can be filtered by a number of different factors, such as Know Your Customer (KYC), and fees. This greatly reduces the barrier to entry for new participants in the space, and helps to build their confidence.

As a result of this, an increasing number of people are realizing that CeDeFi brings both the benefits of regulatory safeguards in traditional systems and the benefits of modern innovative financial infrastructure and products.

Both JUN Capital and Unizen have solidified themselves as drivers of the CeDeFi ecosystem, and are still working hard to establish its foundation. 

Unizen is the first CeDeFi exchange that combines the functionality of first-party and third-party Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) in order to meet the needs of both retail and institutional traders. 

The platform’s all-in-one protocol is designed to tackle regulatory problems, ease crypto trades, and offer faster transactions at lower costs. Through using the Unizen Exchange, users can find the most cost effective trades across multiple exchange modules. This allows them to find the best offers available and enables them to buy, sell, and trade any digital asset safely, quickly, and securely. 

This isn’t the first time that JUN Capital and Unizen have collaborated. Last year, they worked together to release the world’s first CeDiFi incubator, ZenX, a fully compliant crypto incubator with a unified liquidity pool to support token allocation. The incubator’s purpose was to empower the growth of CeDeFi projects through providing technical expertise, growth management, infrastructure, networking opportunities, and fundraising. 

It is becoming increasingly clear that blockchain technology is disrupting multiple industries - particularly if centralized and decentralized solutions can come together and find enough common ground to create partnerships. As time progresses, the CeDeFi Alliance has plans to explore innovative use cases in a variety of other industries.