The Chicago DeFi Alliance (CDA) won the exchange partner Coinbase to jointly develop decentralized finance (DeFi).

Now Coinbase will develop and share DeFi projects.

CDA is an investment and development company in startups that operates in the DeFi area.

CDA companies and protocols such as AAVE, Acala PolkaDot, IDEX, Perpetual Protocol and Kyber Network, among others, are already partners with CDA.

Coinbase announced that it is a priority to provide its customers with access to decentralized finance.

The CDA said that Coinbase is currently one of the main exchanges that influence the spread of the concept of cryptography around the world.

Together, the companies aim to develop open finance systems that would only be possible with the DeFi protocols and applications.