Announcing the Chicago DeFi Alliance

Imran Khan
Volt Capital
Published in
2 min readApr 7, 2020

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Volt Capital is introducing a new initiative called the Chicago DeFi Alliance (CDA) along with Jump Capital, Cumberland DRW, and CMT Digital.

The purpose of the alliance is to provide entrepreneurs and start-ups in the decentralized finance (DeFi) space with meaningful support and guidance with respect to trading and applicable regulations. We are providing start-ups with “real world” trading feedback as early as possible to help them attract liquidity and offer products trading / financial firms are likely to adopt.

We are looking to partner with early-stage founders building the next generation of financial tooling. Being accepted into the program allows startups to leverage CDA’s expertise in sourcing liquidity and product strategy to scale their offerings to professional traders globally.

Our first cohort of startups includes DyDx and Yield. They will be partnering with the CDA to source liquidity and onboard new traders. We will be announcing the rest of the cohort soon. If you are part of a DeFi startup that wants to be considered in the next CDA cohort, please fill out this form.

Why Chicago?

There’s a real opportunity here to leverage financial and trading expertise from Chicago to support DeFi products around the world.

How does the CDA support DeFi startups?

This alliance covers three areas critical to a DeFi company’s success:

Liquidity

More efficient to get defi companies matched with market makers to help bootstrap liquidity.

Trading Talent

Tap into our talent network of seasoned traders and market makers.

Compliance

Receive strategic guidance on current regulatory best practices.

Who is behind the Chicago DeFi Alliance?

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