DeFi Alliance Expands to the European Region ByAli RazaPRO INVESTOR Last Updated: 21 April 2021 DeFi Alliance has announced plans to expand into the European region, termed the ‘European Chapter.’ This chapter will help in increasing its industry network. DeFi Alliance, a global association for DeFi market professionals, has announced its unveiling of a European chapter. According to the alliance, their expansion into the European region will be headed by Meltem Demirors of Coinshare. She will also be supported by Min Teo of ConsenSys, Samuel Harrison of VBlockchain.com Ventures, etc. Currently, this association has more than 100 affiliated companies in its network, and it is active in supporting more than 400 startups to accelerate their growth. The firm has been actively helping startups since 2020. Increasing support for the European community In its European Chapter, DeFi Alliance seeks to invest in infrastructure in the region in a manner that will support DeFi community members. The firm hopes to offer foundational support to its European founders and other DeFi community members in the European region by launching this chapter. The alliance has three main pillars that govern its functionality: institutional liquidity, regulatory support, and recruiting. Regarding institutional liquidity, the firm gives members a chance to pitch and receive support from renowned firms. They also offer regulatory support to help members learn about various regulations in their respective regions and best trading practices. The European chapter also seeks to offer educational support to European founders by training them about the DeFi ecosystem and design new strategies. The process will also involve welcoming new members into the alliance. Unveiling the China Chapter DeFi Alliance has earlier unveiled its China Chapter and the impact it was hoping to create in the new region. The China Chapter is spearheaded by Mable Jiang of Multicoin, who is assisted by other industry-leading figures. The firm intends the China Chapter to enable in achieving its goal of connecting Asian founders and the Western communities. It will also set the basis for which the alliance will help its members achieve the three core pillars of the alliance, including institutional liquidity, regulatory support, and recruiting. The China Chapter will also enable members to gain knowledge about the best practices for the Chinese community. This chapter will be achieved through new programming. The objective of DeFi Alliance is to create global adoption of DeFi and to help in creating a sustainable DeFi ecosystem. Through its plans, DeFi Alliance plays a critical role in promoting decentralized finance and transforming the financial sector.