Binance’s US arm joins Chicago DeFi alliance

[Lenipiw]

Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange,  has entered a major organization focused on decentralized finance, or DeFi.

According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund Volt Capital, brokerage firm TD Ameritrade, CMT Digital, Cumberland DRW, Compound Finance and others.

By joining the alliance, Binance.US aims to contribute to the further development of the DeFi industry in the U.S., the firm’s CEO Catherine Coley said. “By working with DeFi Alliance, Binance.US will help mature the DeFi space, build for broader inclusion, and support startups as they unlock the potential DeFi offers,” Coley noted in the announcement.
Visit here: https://cointelegraph.com/news/binance-s-us-arm-joins-chicago-defi-alliance

[Bobcrypto]

I think Binance platforms generally will dominate all other exchanges whether Defi, DEX or CEX exchanges for a long time to come. The planned to join the Chicago Defi alliance is a step further to enhance it's Business empire. Binance had esterbilished itself has the number one exchange platform globally and definitely will remain the king of exchanges just like Bitcoin is to altcoins and drive the market price. Binance team are known to acts very fast in adding new updates, features or new market that will boost investors and traders interest, and to remain relevant in the crypto ecosystem globally. Binance has what it takes to remain the number one leading exchange world wide in my opinion.