Bitfinex launches the first L2 bridge from CeFi to DeFi By
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Bitfinex launches the first L2 bridge from CeFi to DeFi
Crypto exchange Bitfinex has today announced a market-debut service to bridge its centralized platform with the layer-2 decentralized trading platform and subsidiary DeversiFi.
The bridge will provide users access to the permissionless and privacy-centric experiences of decentralized finance (DeFi) systems, in combination with the highly liquid, accessible features of centralized finance (CeFi) institutions. A release from the company noted that transactions will be initially exclusive to Tether (USDT) — a stablecoin affiliated with the exchange — but may eventually open up to various ERC-20 tokens in the future.
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