What is the Chicago Defi Alliance?

Membership details are also forthcoming. Originally launched as the Chicago DeFi Alliance in March 2020, the consortium of high-powered Windy City trading firms sought to foster projects servicing the then-nascent decentralized finance ( DeFi) scene, which at the time held a paltry $500 million or so, according to DeFi Llama.

Who is the Defi Alliance Advisory Council?

DeFi Alliance Advisory Council is composed of the world known leaders in blockchain technology, capital markets and high-level policymakers who have not only been a key figure in the decentralized financial system but also developed an excellent reputation in the mainstream capital markets.

How does Defi democratize finance?

DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans and mortgages, to complicated contractual relationships and asset trading.