Huobi’s decentralized finance (DeFi) consortium — dubbed the Global DeFi Alliance — has welcomed 10 new members — bringing its total membership to 15.
The new members comprise DeFi heavyweights Curve Finance, Aave, Synthetix, Balancer, Loopring, Zapper, Zerion, Bitpie, Mykey, and CoinGecko.
They join founding members Maker Foundation, Compound, NEST Community, dYdX, and Huobi DeFi Labs to explore “cross-border collaboration opportunities” and promote the development of the DeFi ecosystem.
The Global DeFi Alliance launched one month ago, describing its mission as driving collaboration between decentralized finance projects from both the Western and Eastern hemispheres.
“All of the members have greatly contributed to the DeFi ecosystem, and we are excited to be part of the Global DeFi Alliance,” said Aave founder and CEO Stani Kulechov. In Huobi’s September 15 announcement CIO Sharlyn Wu said:
“We appreciate all new members of the Global DeFi Alliance and look forward to cooperating with them in various fields from user education, practice sharing, protocol standardization, risk management to supporting the development of the global decentralized financial ecosystem.”
The alliance will host webinars and events intended to bolster DeFi awareness and education targeting firms and users in the Asian region. Representatives of both Synthetix and Aave noted their intentions to expand their Asian presence prior to joining the alliance.
Huobi noted that additional DeFi players will be admitted into the alliance over the coming months, alongside representatives of the centralized finance sector.