Recently, valuable partnerships for many altcoin projects have attracted attention. Partnering altcoin projects is important as it increases the use case and recognition of the project in question. In this article, we’ll talk about the latest major partnerships.
Ripple behind altcoin XRP indirectly partners with GFT
Ripple’s recently acquired custody solutions provider Metaco has joined hands with GFT. As part of this partnership, Metaco’s Harmozie platform will integrate with GFT’s award-winning smart contract, DLT network development and integration services. Harmonize is Metaco’s secure, configurable and versatile platform for enterprise crypto asset management. Together, these two companies will offer crypto-asset solutions for use by different types of companies, including banks, shops, and factories. These solutions allow companies to incorporate crypto assets into their operations as if they were managing their money. They can also create personalized digital asset services while maintaining full control over their assets and how business is done.
THORSwap and WOOFi partner for this altcoin
An exciting announcement has come from THORSwap introducing the new DEX Aggregator liquidity provider WOOFi. THORSwap has partnered with WOO Network, a mix of centralized finance (CeFi) and decentralized finance (DeFi) services. It plans to provide its users with more liquidity on the Avalanche Blockchain. This collaboration also expands the scope of WOOFi liquidity, enabling the connection between any WOOFi and any THORSwap accessible asset, removing previous restrictions.
WOOFi, part of the WOO Network, provides a platform for traders, exchanges, institutions and DeFi protocols where they can benefit from comprehensive liquidity and trade cost-effectively. It unleashes the liquidity of the centralized exchange WOO X completely on-chain. Thanks to this partnership, THORSwap users will have access to an expanded liquidity pool for tokens such as AVAX, USDC, USDT, BTC.b, WETH.b, WAVAX, WOO.
Suia and YouSUI partnership drew attention
The well-known all-in-one DeFi platform YouSUI has recently announced a collaboration with Suia (a decentralized app). The platform shared a blog post on Medium in which it expressed its willingness to partner. The decentralized ecosystem noted that the respective collaboration offers a wide array of intriguing scenarios. The company added that customers can be part of the platform’s live community. They can also participate in events run by other consumers. The platform has convinced users to have an immersive experience to explore the special things in the creative world. Moreover, they can collect souvenir artworks as well as photographs produced by professional creators.
In this way, YouSUI encouraged people to become brand enthusiasts to request proof of private contribution in the form of NFTs. Relevant NFTs showcase their involvement. According to the platform, a standout feature belonging to Suia refers to combinable PFPs. They allow users to communicate as well as exchange their digital identities in exciting ways.
Protocol Labs partners with a16z
Protocol Labs, the open source R&D lab that develops tools to radically improve the internet, announced today that it has formed a partnership with a16z Crypto to provide targeted support to some of web3’s most visionary founders as they join the 2023 Crypto Startup School (CSS) accelerator program. Crypto Startup School is an accelerator program designed for the specific needs of web3 startups. It consists of twenty-six initiatives selected from more than 8,000 applications.
OKX and Manchester City partnership announced in Istanbul
OKX, the world’s leading Web3 technology company and Official Cryptocurrency Exchange Partner of Manchester City Football Club, announced that it supported the club in the historic final held in Istanbul. Manchester City players wore the OKX Training Jersey before the match. Turkey is a key country in OKX’s global expansion and one of the company’s newest offices will be set up here in the coming months. OKX recently announced that it has expanded its presence as well as sponsoring and participating in Blockchain Economy Istanbul Summit and Istanbul Fintech Week, deepening its commitment to the Turkish market.
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