For years, crypto has framed centralized exchanges (CEXs) and decentralized finance (DeFi) as competing visions of the future. The reality is that both suffer from the same core problem: capital fragmentation. Traders often have assets spread across exchanges, blockchains, wallets, and yield protocols, making it difficult to deploy funds quickly when opportunities arise. While CEXs offer fast execution and DeFi offers transparency and ownership, neither solves the challenge of making capital in...