# DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business
“# DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business ” Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of…