Unizen CeDeFi Raises Funding From Jun Capital, Teases Launch Of Crypto Nonprofit
Unique Hybrid Financial Protocol Hosts Crypto-Focused Nonprofit Together with VC Major Jun Capital
Unizen, a hybrid CeDeFi protocol, with financial and organizational support from Jun Protocol, is going to change the game in line with cryptocurrency products.
Unizen raises funds from Jun Capital, launches non-profit
According to an official announcement shared by Unizen, a protocol that combines the best practices of centralized and decentralized cryptocurrency platforms, it has partnered with Jun Capital, a venture investment fund.
Image by Unizen
Within this partnership, Jun Capital will provide Unizen with financial and organizational support for the launch of the new ecosystem CeDeFi Alliance.
CeDeFi Alliance nonprofit will focus on providing a platform for discussion between centralized and decentralized teams on the progress of Web3 and blockchain.
The new body will primarily focus 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 financial protocols
Projects aboard CeDeFi Alliance will also be able to grow their ecosystems on ZenX, an incubator of Unizen and Jun Capital.
This incubator offers promising blockchain and crypto products with financial and advisory support, enabling them to build large and passionate communities.
While CeDeFi Alliance will initially have projects with decentralized and centralized financial modules on board, it will eventually explode into other segments of the blockchain industry as well.