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Coinbase announced it was joining Defi Alliance

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New developments.

Rhythm BlockBeats, April 9, Coinbase  Tweeted that it had joined the Defi Alliance.




It is understood that the DEFI Alliance started as a simple project to connect DEFI start-ups with institutional market making companies to help channel liquidity and provide founders with valuable product feedback from professional users. Through initial work, DEFI Alliance members have found that to successfully achieve this goal, a network-alliance of stakeholders and advocates will be required to work together to overcome the major obstacles facing the DEFI project: institutional mobility, regulation, recruitment and growth.

 

In February, the Alliance launched its first Fund, Defi Alliance Fund I, which was founded by Alliance members and co-led by founding partners and Mark Cuban.


 


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