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DeFi Is the Future Says CZ but Centralized Exchanges Remain More Popular

Published 08/16/2020, 01:00 PM
Updated 08/16/2020, 02:40 PM
DeFi Is the Future Says CZ but Centralized Exchanges Remain More Popular

With Decentralized Finance (DeFi) gaining steam, exchanges like Binance find ways to co-exist with innovations like DeFi. Binance Co-Founder and CEO Changpeng Zhao (CZ) said DeFi is an innovative space and investing decentralized exchanges will not be a challenge for regular exchanges.

In an interview at the Boxmining Youtube channel, CZ said DeFi makes the space more attractive. In particular, he pointed to automatic market makers (AMM) as a fascinating invention.

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