Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Bitfinex => Topic started by: Tanimariya on June 08, 2021, 01:12:15 PM
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Bitfinex plans to enter the DeFi market via Hodl Hodl and will add fresh liquidity to the Hodl Hodl lending pool. Bitfinex, one of the largest centralized crypto exchanges, is now a shareholder in a decentralized exchange (DEX) that doesn’t conduct know-your-customer (KYC) checks.
The Hong Kong-based exchange has purchased a stake in Hodl Hodl, a DEX that provides lending and private transaction services.
“When it comes to genuine support of the bitcoin ecosystem, Bitfinex is about action rather than just words,” said Paolo Ardoino, CTO at Bitfinex, in a statement shared with CoinDesk. “Our investment in Hodl Hodl will help grow its amazing community and support the wider digital token ecosystem.” Source Link
(https://www.coindesk.com/bitfinex-now-owns-a-stake-in-bitcoin-exchange-hodl-hodl)