Blockpower Joins Open DeFi to Help Bridge the Convergence of DeFi and CeFi
Blockpower has joined Open DeFi to establish a connection between the centralized and decentralized financial systems and provide knowledge and experience regarding trading and staking.
Open DeFi was launched in September 2020 as a bridge across borders, cultures, and markets with the goal of fostering the growth of DeFi through focuses on risk, liquidity, and innovation. The addition of Blockpower to Open DeFi opens the door for more strategic discussions surrounding liquidity in DeFi relating to strategies ranging from staking to connecting CeFi and DeFi.
“With deep industry knowledge and experience in both the centralized and decentralized worlds, we are very excited to welcome Blockpower to Open DeFi as a core member. As a core member, Blockpower will be a key contributor to Open DeFi’s strategies to bridge centralized with the new decentralized financial ecosystems emerging around the world.” — Eden Dhaliwal, Managing Director Conflux Network
Founded in 2017, Blockpower engages in many aspects of crypto assets. With three main lines of business — Blockpower Capital, Hashingbot, and Blockpower Staking — Blockpower covers aspects of the crypto industry ranging from investment to high-frequency trading to liquidity as well as staking in a variety of blockchain projects.
Liquidity is a highly sought after resource for growing DeFi applications. Blockpower provides insight and experience into that market space through all aspects of their business that can guide Open DeFi as we create new liquidity and trading strategies to help drive the DeFi space forward and across borders and markets.
“We believe that DeFi is a major trend for crypto, as a leading PoS validator and CeFi platform, we are glad to be part of the Alliance, to participate in bridging the convergence of DeFi and CeFi.” — Chao, COO at Blockpower
About Open DeFi
Launched in 2020, Open DeFi is a global initiative that seeks to develop the decentralized financial ecosystem and advance the collaboration of DeFi projects across borders and blockchain networks. Through a unique program focused on risk management, new liquidity strategies, and innovation, Open DeFi brings together global CeFi and DeFi partners to drive the future of finance. Members include Conflux Network, Sequoia Capital, Blockpower Capital, Antelope Holdings, dForce, DeBank, MCDEX and Shanghai Science and Technology Committee.
For more information, visit: https://www.open-defi.com/