Cryptocurrency
CLS Global: Enabling DeFi and DePIN Adoption in the Web2 Ecosystem

Over the years, blockchain technology has evolved from simply facilitating peer-to-peer money transfer to sophisticated functions such as decentralized finance (DeFi) and decentralized physical infrastructure network (DePIN).
DeFi comprises products that decentralize the traditional financial system, while DePIN enables the decentralization of physical infrastructure and other real-world products, blending the Web2 and Web3 ecosystems. Together, both innovations aim to bring everyone more organized structures and products.
This article delves into the intricacies of DeFi and DePIN for Web2 companies. It highlights the pivotal role CLS Global, a renowned crypto trading services provider, plays in supporting these initiatives.
DeFi and DePin: Drivers of Bringing More Organized Structures and Products
DeFi is an umbrella term that blends “decentralization” and “finance.” The idea behind the concept is to integrate services offered in the traditional financial sector into the blockchain ecosystem. Imagine applying for a loan on the blockchain or depositing your crypto holdings into a pool of funds for passive income. That’s precisely what DeFi brings to the table.
Banks or other centralized financial institutions operate as intermediaries between investors and the desired financial product in the traditional financial system. Underpinned by blockchain technology, DeFi projects change the narrative by allowing users to execute transactions by interacting with self-executing computer programs called smart contracts. The mechanics of the DeFi ecosystem give investors complete control of their funds.
The DeFi sector offers multiple products. These include borrowing and lending services, earning returns through yield farming, staking tokens to strengthen blockchain security, and more.
Decentralized Physical Infrastructure Network (DePIN), on the other hand, is an innovation that blends blockchain functionality into physical hardware, such as servers or networks. Instead of relying on a single entity, a network of participants helps to build, maintain, and run the infrastructure, making it more accessible, transparent, and distributed.
Essentially, DePIN enables physical infrastructures like real estate, solar panels and batteries for energy systems, hotspots and routers for wireless networks, or servers for cloud computing to be tokenized on the blockchain. Additionally, DePINs can operate as DeFi projects, allowing users to trade, borrow, lend, and stake tokens.
Based on their broad functionalities, DeFi and DePIN can potentially improve the global financial system, making financial services more accessible, reducing costs, and eliminating intermediaries. These innovations also enhance transparency and security, which are uncommon in today’s traditional financial system. Blockchain’s transparent record of transactions helps reduce fraud and build trust, while its decentralization makes systems less vulnerable to security attacks.
DeFi and DePIN offer users complete control and flexibility over their assets and transactions without relying on central authorities. They also foster innovation by supporting various financial activities and applications, leading to a more efficient economic system.
Benefits of DeFi and DePIN
Accessibility: They provide financial services to people who may not have access to traditional financial institutions due to geographical or regulatory limitations.
Lower Costs: Operational fees for blockchain-based projects are drastically reduced as intermediaries and central authorities are removed.
Increased Transparency: Although financial institutions may offer some transparency, blockchain technology ensures extensive transparency and verifiable transactions.
Enhanced Security: Decentralization offers better protection against hacks as there is no single point of failure.
Complete Control of Assets: Unlike financial companies that manage users’ money, DeFi and DePIN projects allow users to manage their assets completely.
Challenges of DeFi and DePIN
Regulatory Hurdles: As regulatory bodies globally are still figuring out how to regulate these new technologies, there exists a constant shift in rules and guidelines. This uncertainty can create challenges for users and developers as they struggle to comply with evolving crypto laws and regulations.
Technical Complexity: The technology can be complicated for users to understand and use. Overcoming the hurdle lies in each user’s effort to study and understand the blockchain realm.
Scalability Issues: Handling large transaction volumes can be challenging depending on the underlying blockchain network. Still, some blockchains have overcome this challenge through the proof of stake (PoS) consensus mechanism and other similar innovations.
Risk of total loss of funds: The decentralized nature of the blockchain makes it nearly impossible for investors to recover funds sent to the wrong wallet addresses. The same challenge applies when users prey to cyber exploits like phishing attacks.
Merging DeFi and DePin with Web2 Companies
Today, centralized entities own and operate the most prominent companies and projects. It means users rely on a single authority and remain vulnerable to a single point of failure. However, DeFi and DePIN sought to change the narrative. Both innovations aim to revolutionize how Web2 companies operate through their diverse functionalities. Here’s how.
As previously highlighted, DeFi brings decentralization into traditional finance (TradFi). It is possible to merge DeFi with Web2 companies, especially those specializing in TradFi, such as banks, hedge fund managers, brokerages, etc. Such a merger will allow customers of these Web2 firms to access DeFi functions like decentralized lending, borrowing, staking, and farming. Unlike most TradFi companies that impose high transaction fees, DeFi comes with minimal network fees, depending on the underlying network used.
Merging DePIN with Web2 companies can potentially profit users and any firm involved. DePIN inherently puts control of physical infrastructures in investors’ hands, giving them governance rights over the product(s) and bolstering transparency. Users are also rewarded with tokens for participating in DePIN projects, incentivizing more to join the ecosystem.
When traditional Web2 companies, like Tesla, Airbnb, and others, incorporate DePIN into their products, they automatically welcome millions of DeFi users into their ecosystem, potentially growing their user base and revenue stream.
Interestingly, adopting DeFi and DePIN into the traditional Web2 ecosystem can increase the number of crypto users and bring more profits to businesses that explore the idea. Let’s take a case study. In January 2024, the multinational asset manager BlackRock joined various financial companies that launched a spot Bitcoin exchange-traded fund (ETF), an investment vehicle that blends the traditional financial system with the leading cryptocurrency.
Following its listing in the United States financial market, BlackRock’s Bitcoin ETF saw massive inflows, skyrocketing the company’s assets under management (AUM) to $10.6 trillion. BlackRock’s stock also saw price increases.
BlackRock’s performance with the spot Bitcoin ETF shows that much good comes from tapping into blockchain technology. If Web2 companies adopt DeFi and DePIN into their ecosystem, the crypto and traditional financial markets will harmoniously grow due to increasing demand. At the same time, more investors unfamiliar with blockchain will be enlightened on how the technology works, leading to mainstream adoption.
CLS Global: The Missing Piece
Founded in 2017, Coin Liquidity Solutions (CLS) Global is a digital asset service provider specializing in market-making expertise and consultancy. Its CEO, Filipp Veselov, currently leads the company. The Dubai-based platform manages over $1.5 billion in assets to ensure project growth and market success.
CLS Global’s market-making entails the platform’s team guiding clients (crypto projects) to embrace advanced strategies to help them thrive in the crypto market. Its consultancy feature encompasses offering comprehensive knowledge to projects, giving them a hedge in the competitive digital asset industry.
Additionally, the firm funds new crypto projects through its venture arm, helping to fast-track the projects’ growth in the industry. CLS Global also helps its clients through all stages of development: idea stage, pre-launch, launch stage, and post-launch.
The platform boasts its services as an all-in-one package because its clients receive any or all of these services to push the clients to new frontiers. CLS Global’s website shows 500+ active clients and over a million attracted holders. It has also integrated with over 100 exchanges across the crypto industry. At press time, 10% of the top 200 projects within CLS Global’s ecosystem have secured listing on the price-tracking platform CoinMarketCap.
CLS Global positions itself as a top choice for those seeking to blend DeFi or DePIN with Web2 companies. The project has nearly a decade of experience in the digital asset industry, having weathered three bearish cycles and existed when both innovations launched in the crypto market. Additionally, decentralized projects are among CLS Global’s partners, showing its established history with the DeFi terrain.
Conclusion
CLS Global supports the integration of DeFi and DePIN into the Web2 ecosystem by offering market-making and consultancy services. With its expertise and support, businesses can enjoy enhanced transparency, security, and efficiency, driving innovation and growth in the digital asset industry.
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Cryptocurrency
Bitcoin Dominance Skyrockets as ETH and Other Altcoins Plummet

Bitcoin’s price took another turn for the worse in the past 24 hours after the US attacked multiple Iranian nuclear sites, and the asset plunged to a multi-week low.
The altcoins have posted even more notable price declines, which is evident from the growing BTC dominance.
Bitcoin Tries to Recover
The business week began on a different note as the primary cryptocurrency shot from under $105,000 to $109,000 by Tuesday. However, it faced an immediate and violent rejection that pushed it south hard as the tension in the Middle East continued to rage on.
In a matter of hours, BTC dumped to $103,500 before the bulls initiated an impressive leg up that drove the asset higher by around $3,000. Nevertheless, the overall negative market sentiment continued, and bitcoin started to lose value once again in the following days.
The culmination came earlier today as the US launched “successful” attacks against multiple nuclear sites in Iran, as described by the POTUS. Moreover, Trump warned that there will be more violent strikes if Iran decides to retaliate in any form.
Bitcoin’s price tumbled below $101,000 for the first time in almost three weeks. However, it remained within a six-digit price territory and has recovered to $102,500 as of now.
Its market cap is down to $2.040 trillion on CG, but its dominance over the alts has skyrocketed to almost 63% as most bleed out.
Alts Deep in Red
The rising BTC dominance in times when the cryptocurrency’s price is dropping means only one thing – the alts have it even worse. Interestingly, it’s not just the lower caps that are suffering badly. Ethereum, the largest of the bunch, has dumped by over 7% in the past 24 hours and is close to breaking below $2,200. Recall that ETH stood tall close to $2,800 just until a week ago.
Solana, Dogecoin, Cardano, SUI, LINK, HBAR, and LINK are also deep in the red from the bigger alts. Even more painful declines come from VIRTUAL, APT, INJ, TIA, TAO, SEI, JUP, FET, and PEPE, as all of them are down by double-digits on a daily scale.
These developments are only supporting a recent report, which claimed that those hoping for an altseason are relying mostly on “wishful thinking” rather than any hard data.
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Cryptocurrency
Bitcoin Volatility Liquidates $700M, the US Strikes Iran as Conflict Escalates (Weekend Watch)

Crypto markets are going through considerable volatility throughout the past 24 hours as international events are certainly playing their part.
Bitcoin dropped to an intraday low of around $101,000, causing a considerable uptick in liquidated positions.
Bitcoin Price Dips to $101,000
As CryptoPotato reported earlier today, Bitcoin’s price dipped to an intraday low of $101,000. It has since recovered a little bit and trades at $102,500 at the time of this writing.
That said, the volatiltity remains enhanced, which has resulted in a whopping $700 million worth of liquidated positions across derivatives markets.
Data from CoinGlass shows that this represents an increase of more than 55% compared to yesterday’s levels, attesting to the uncertainty of the ongoing situation.
The turmoil is largely caused by the US decision to strike Iran earlier today, despite Donald Trump saying that he will take two weeks to decide on future moves, just a few days ago.
Bahrain and Kuwait, home to US bases, also started making preparations for the possibility the conflict might spread to their territory in a clear sign of escalation. The same is true for Saudi Arabia.
Altcoins Deep in the Red
The declines spread across altcoin markets as well, which took even bigger of a beating. ETH plunged by more than 7%, SOL is down by over 6%, DOGE, ADA, LINK, SUI, and many more chart similar drops as traders derisk.
The obvious exception is LEO, which remains more or less break even on the day, at least from the top 50 cryptocurrencies by means of total market capitalization.
Today’s worst performer is Aptos (APT), followed by Virtuals Protocol, and Injective (INJ), all of which are down in the range between 10% and 13%.
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Cryptocurrency
DeXRP, the First-Ever DEX on XRPL Announced Its IDO – Amidst the Ripple Rally

[PRESS RELEASE – Dubai, UAE, June 20th, 2025]
The DeXRP team has introduced a decentralized exchange (DEX) on the XRP Ledger (XRPL), aiming to establish a transparent trading environment for XRP holders and enthusiasts.
This development coincides with notable growth in the XRPL ecosystem, as Total Value Locked (TVL) has increased from $16 million to $80.63 million in recent months.
Like Jupiter or 1Inch, DeXRP combines a dual trading model with AMM and full Order Book to support both individual users and institutional participants.
DeXRP IDO Details
DeXRP Initial DEX Offering (IDO) is currently live. For the Presale is allocated 25% of the total supply – 500,000,000 DXP.
The DeXRP team has already announced the listing price at $0.35, while the current presale round price is $0.00525.
To join the DeXRP IDO, an investor should connect their wallet on the DeXRP Presale page and choose the suitable currency for purchasing.
Early participants can buy DeXRP tokens (DXP) with ETH, BNB, SOL, XRP, BTC, and USDT, as well as bank card transactions.
To learn more about the IDO of DeXRP: https://dexrp.org/uEBXmVh0JwW
DeXRP Protocol
For institutional investors and traders, DeXRP combines both an integrated AMM system and a full Order Book with a Hybrid Trading Model.
The backbone for every DEX is the liquidity providers, and DeXRP is designed to fairly reward all LPs participants;
- Optimised Liquidity Aggregation
With LP tokens, holders will participate in a fee auction for discounted trading slots, premium features, DEX voting mechanism and access to new trading pairs and pools.
- Yield Multipliers and Advanced Trading Features
DeXRP introduces customizable yield multipliers to grant liquidity providers enhanced LP rewards with individual adjustment instruments. With full commitment control, users can maximise their earnings.
Tokenomics
$DXP is the utility token for DeXRP, and it grants holders: trading fee discounts, access to premium tools, participation in fee auctions, and much more.
Liquidity providers are eligible for LP token-based rewards and may participate in DeXRP’s upcoming fee auction model to access discounted trading slots and exclusive features.
The DeXRP team also plans to introduce airdrop and bounty initiatives to increase community engagement and platform awareness.
For additional updates and participation details, users may refer to DeXRP’s official channels:
About
DeXRP is a next-generation Decentralised Exchange powered by XRPL that combines deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for everyone, from crypto newcomers to pro traders.
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