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 (NASDAQ:AMTD), CMT Digital, Cumberland DRW, Compound Finance and others.