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Unique hybrid financial protocol will organize crypto-focused nonprofit together with VC major Jun Capital
Unizen, a hybrid CeDeFi protocol, with financial and organizational support by Jun Protocol, is going to change the game in compliance for cryptocurrency products.
Unizen raises funds from Jun Capital, launches nonprofit
According to an official announcement shared by Unizen, a protocol that combines the best practices of centralized and decentralized cryptocurrency platforms, it has entered into a partnership with Jun Capital, a venture investments fund.
Within this partnership, Jun Capital will provide Unizen with financial and organizational support for the launch of novel ecosystem CeDeFi Alliance.
CeDeFi Alliance nonprofit will be focused on providing a platform for the discussion between centralized and decentralized teams on the progress of Web3 and blockchain.
First and foremost, the new body will be focused on compliance and regulatory issues. At its core, CeDeFi Alliance will be responsible for the theoretical framework and regulation for distributed projects.
Common space for centralized and decentralized finance protocols
Projects onboarded by CeDeFi Alliance will also be able to grow their ecosystems on ZenX, an incubator by Unizen and Jun Capital.
This incubator provides promising blockchain and crypto products with financial and consulting support, helping them to establish large and passionate communities.
While initially, CeDeFi Alliance will onboard projects with decentralized and centralized financial modules, eventually it will also explode onto other segments of the blockchain industry.