Decentralized finance is in full swing, and one of its biggest supporters appears to be the exchange Binance. The platform's United States branch recently joined the Chicago DeFi Alliance, with the aim to further develop the U.S. DeFi industry. Additionally, Binance's support for new DeFi projects continues to grow. Most recently, the exchange has demonstrated close ties with BurgerSwap, a new decentralized exchange that aims to improve upon Uniswap.
While it's clear that Binance has taken a tremendous amount of interest in DeFi, it's notable to point out that Binance's CEO, Changpeng Zhao, has been bullish on DeFi for a while. Cointelegraph had the pleasure of sitting down with CZ to learn more about what DeFi actually means, why this sector has started taking off, and what we can expect moving forward.