HTX Ventures released a new report on the merger of centralized, DeFi and traditional finance.

HTX Ventures released an annual report2026 indicating zero-inclusive, zero-distributed and traditional venture capital is emerging as a digital asset architecture for the institution.

HTX Ventures, the global investment arm of HTX , has released a new edition report titled The Convergence of CeFi,DeFi and TradFi in 2026: How Institutional-Grade Hybrid Architecture Is Taking Shape to analyze how decentralized finance, distributed finance, and traditional finance are converging as digital asset architectures for institutions.

Separating the service layer from the end-to-end platform.
The report notes that as asset management, underwriting, trading operations, returns and risk management are decoupled from the traditional all-encompassing platform model, each layer of the system is increasingly occupied by more specialized players. Traditional finance acts as a regulated asset for assurance and return; an integrated platform centralises and manages institutional access to assets, regulatory compliance and transaction execution, while distributed finance protocols and risk managers provide programmed backend infrastructure.

What the report indicates to market and readers.
The report notes that this hybrid structure could provide a more controllable pathway for institutional organizations to deploy and test digital asset products, while also signaling improved revenue allocation and broader market power to the players controlling inventory, maintenance, distribution, risk management, and customer relationships. For readers who follow the digital asset market, the key issue is which player has deep enough control over these services to be an institution's primary focus.

Full report and data from HTX Ventures.
The full report was published at https://square.htx.com/the-convergence-of-cefi-defi-and-tradfi-in-2026-how-institutional-grade-hybrid-architecture-is-taking-shape/

HTX Ventures is a global investment agency of HTX , which integrates investments, cultivation and research to identify the best and brightest teams around the world. With more than a decade's history as an industry pioneer, it focuses on identifying cutting-edge technologies and emerging business models within this sector in order to foster growth of blockchain ecosystem. It provides comprehensive support for various projects including fundraising, resource allocation and strategic advice.2026

Currently, HTX Ventures supports more than 300 projects spanning multiple blockchain sectors with a number of high-quality projects listed on the exchange. In addition, as one of the most dynamic funds in the world, it invests in 30 leading global funds and collaborates with top blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca Hack and VC to co-create a blockchain ecosystem that can be contacted for investment and collaboration at [email protected]