What Is Cedefi?

What Is Cedefi?

What Is Cedefi?

Cedefi is known as centralized, decentralized finance; this acronym was invented by Binance CEO Changpeng “CZ” Zhao in September 2020.

Their main aim was to bridge the gap between centralized and decentralized finance by launching a USD 100 million seed fund to encourage CeFi and Defi collaboration.

Corporations can use CeDefi to experiment with both novel and modern financial products. It lays the way for institutional custodianship of Defi protocols by combining centralized and decentralized financial aspects.

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