Global DeFi Alliance, Huobi’s decentralized finance (DeFi) consortium, has welcomed 10 new members, bringing its total membership to 15 that include Curve Finance, Aave, Synthetix, Balancer Labs, Loopring, Zapper, Zerion, Bitpie, Mykey, and CoinGecko.
It has been reported that they join founding members Maker Foundation, Compound, NEST Community, dYdX, and Huobi DeFi Labs to explore “cross-border collaboration opportunities” and promote the development of the DeFi ecosystem.
However, the Global DeFi Alliance launched one month ago, describing its mission as driving collaboration between DeFi projects from both the Western and Eastern hemispheres.
Some of DeFi’s biggest names have joined Huobi’s Global DeFi Alliance, which will host a series of events to boost awareness of decentralized finance in Asia https://t.co/g3iUfsmGSq — Cointelegraph (@Cointelegraph) September 15, 2020
Stani Kulechov, the founder and CEO of Aave, said:
“We appreciate all new members of the Global DeFi Alliance and look forward to cooperating with them in various fields from user education, practice sharing, protocol standardization, risk management to supporting the development of the global decentralized financial ecosystem.”
Likewise, the alliance will host webinars and events intended to bolster DeFi awareness and education targeting firms and users in the Asian region, as representatives of both Synthetix and Aave noted their intentions to expand their Asian presence prior to joining the alliance.
Thus, Huobi noted that additional DeFi players will be admitted into the alliance over the coming months, alongside representatives of the centralized finance sector.
Source: Cointelegraph | Image: Association for Corporate Growth