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Unizen Teams Up With Jun Capital, Creates Non Profit Crypto Firm -Breaking

by Mike Robinson

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© Reuters. Unizen teams up with Jun Capital to create a non-profit crypto firm
    • Unizen has successfully obtained funding to launch a cryptocurrency non-profit.
    • CeDeFi Alliance unites DeFi projects with CeFi institutions.
    • Unizen and Jun Capital work together to make CeDeFi.

CeDeFi exchange Unizen has successfully secured funding to start a crypto non-profit organization — CeDeFi Alliance. Unizen will work with Jun Capital, an investment platform for crypto, to establish a Centralized Decentralized Finance, or CeDeFi, that aims to connect DeFi projects to CeFi institutions. This makes crypto assets easily accessible, while driving mass adoption.

Unizen Capital’s partnership with Jun Capital will help to establish a CeDeFi foundation which will provide a reliable financial system. It includes extensive regulation, compliance and high-impact communication, among others.

CeDeFi Alliance will promote its interest in key industry players to maintain market stability and secure institutional opportunities. This will allow the association to increase its global reach as well as create new network partnerships.

In terms of achievement, Unizen and Jun Capital together have launched the first CeDeFi incubation provider for decentralized teams — ZenX incubator. These projects, as well as the use cases explored by the incubator, are the technical and pragmatic components of the financial sector. CeDeFi Alliance also manages the regulatory frameworks.

On the other hand, CeDeFi Alliance will be initially focused on financial applications of the centralized-decentralized approach. This alliance will look at innovative uses cases from different industries. The CeDeFi Alliance will serve as a common ground for centralized and decentralized investors in the space–disrupting the multiple fields of blockchain and digital assets.

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