SINGAPORE, September 18, 2024 – ChainUp, a leading global provider of blockchain technology solutions, successfully concluded its highly anticipated CeFi and DeFi B2B Executive Night event on September 16, 2024, at CÉ LA VI Singapore. This premier event, which coincided with ChainUp's 7th anniversary, attracted over 475 industry leaders, innovators, and decision-makers from the digital asset landscape. With more than 2,200 registrations, the event showcased the growing interest and momentum in the space from Traditional Finance (TradFi) and Decentralized Finance (DeFi).
Bridging CeFi and DeFi for a United Financial Landscape
The event served as a pivotal platform for industry leaders to delve into the latest trends, opportunities, and challenges within the blockchain and cryptocurrency sectors. A shared consensus emerged among attendees: the urgent need to drive mass adoption of blockchain technology. By addressing this challenge, the industry can significantly reduce operational costs and enhance efficiency across various sectors including supply chain, asset tokenization and crowdfunding, proof-of-identity, cross-border payment, etc. ChainUp's Founder and CEO, Sailor Zhong, emphasized the company's commitment to innovation and collaboration, stating, “ChainUp’s mission is to pioneer innovative solutions that bridge the gap between CeFi and DeFi, creating a more interconnected and efficient digital asset ecosystem.”
As the adoption of blockchain technology within financial services institutions (FSIs) accelerates, recent studies reveal that approximately 20% of these companies are actively utilizing or exploring blockchain solutions to enhance efficiency, security, and transparency. This trend signifies a pivotal shift towards innovation, where the strengths of both CeFi and DeFi converge. CeFi provides the stability, regulatory compliance, and user-friendly experiences essential for mainstream adoption, while DeFi introduces transparency, accessibility, and a diverse array of financial products. By effectively bridging these two sectors, ChainUp aims to create a more interconnected financial landscape that not only fosters innovation but also empowers users with greater control and trust in their digital asset transactions.
Bitcoin Pizza: A Slice of the Future
Inspired by Laszlo Hanyecz's pioneering spirit, ChainUp launched its 7th Anniversary Edition “Bitcoin Pizza” NFT that symbolizes the convergence of TradFi and DeFi, featuring elements that represent stability and trust, community energy, and the interconnectedness of CeFi and DeFi. This NFT honors the visionaries, innovators, and believers shaping a new financial paradigm, reminding them that despite challenges, the rewards are limitless. Mint your “Bitcoin Pizza” now to join this momentous and exhilarating journey to forge a financial system that is more inclusive, efficient, and accessible for everyone.
The pre-TOKEN2049 CeFi and DeFi B2B Executive Night was co-organized by B2 Network, a modular Bitcoin L2 DeFi ecosystem; featuring Diamond Sponsor Huawei Cloud; Gold Sponsors Odyssey, eventflo, exSat; Silver Sponsors Pell, and eCloudrover; supported by fractl, Blockchain Association Singapore, and Singapore Fintech Association.
About ChainUp
ChainUp, a Singapore-based blockchain tech provider, offers solutions for the future of finance, including white-label exchange softwares, award-winning digital asset custody solutions, and more. With over 1,000 clients and reaching 60 million end-users, ChainUp is a trusted partner for Web3 founders and institutions.
Media Contact
Zijiang Ong
Public Relations Manager
