One of the top altcoin news of the day is the ecosystem collaboration between DWF Labs and Tron (TRX). Others include the new NFT collection by Sound.xyz and Optimism, and Horizen’s final foray into the ZEN token. The most important partnership news of the week from the altcoin market are as follows…
Altcoin giants Tron, Optimism and Horizen announce new partners
DWF Labs and Tron partnership
Market maker and Web3 investment firm DWF Labs has announced its partnership with Tron (TRX). As part of this partnership, DWF Labs has become a liquidity provider for TRON. It will also further increase ecosystem support for Tron.
“We believe the TRON ecosystem is at the forefront of Web3 adoption,” said Andrei Grachev, Managing Partner of DWF Labs. What we find attractive at TRON is its extraordinary ability to attract new ideas. TRON is one of the rapidly growing dApps ecosystems right now. Therefore, we look forward to further supporting the ecosystem with additional investments in the near future.”
A TRON spokesperson said, “We are delighted to partner with DWF Labs. Together, we aim to further support TRON’s vision for a decentralized future.” made statements.
By partnering with TRON as a liquidity provider, DWF Labs aims to contribute to the growth and development of the TRON ecosystem and facilitate enhanced accessibility of the Blockchain network for all TRON users and community members. You can take a look at the altcoin investments made by DWF Labs in the last months on this page.
Sound.xyz and Optimism (OP) partnership
Music-focused NFT platform Sound.xyz has integrated its Ethereum-based Layer-2 solution Optimism (OP) into its operational mechanics. However, the project heads thanked Vitalik Buterin, co-founder of Ethereum. On June 19 at 7:00 pm, it was announced that they will be releasing the Ethereum founder’s song “V Buterin” as a free NFT. More than 27,000 free NFTs of the song have been released so far, and the edition will continue for the next five days.
Biconomy and SPACE ID partnership
Crypto trading company Biconomy has launched a collaboration with Web3 domain provider SPACE ID. The partnership focuses on bringing Web3-based domains to support more exchange platforms. It also paves the way for SPACE ID’s extensive integration with Biconomy’s Web3 Name Software Development Kit (SDK).
According to SPACE ID, the integration will offer several benefits. One of them is that withdrawals can now be made with the help of integration. This will also allow users to easily use separate domains (.arb and .bnb names) for token withdrawals. By doing so, they will be allowed to withdraw assets in Arbitrum One or BNB Chain.
Horizen and Auros partnership
In another development, Horizen, the Layer-0 public blockchain, announced its partnership with Auros, the global algorithmic trading and market maker firm. The strategic partnership specifically aims to increase access to Horizen’s native token, ZEN.
According to Horizen, the partnership with Auros will provide enhanced liquidity for the ZEN token on centralized and decentralized exchanges. Providing the opportunity for DeFi users and developers to join the EON ecosystem, ZEN can now be purchased easily. Auros co-founder Ben Roth said in a statement that the partnership will also boost overall growth in the crypto space.
cryptocoin.com As we reported, Horizen recently partnered with Ankr for EON smart contracts.
Art de Finance and Fingerlabs partnership
Art platform Art de Finance announced its partnership with Web3 NFT infrastructure Fingerlabs. The strategic partnership will accelerate the integration of traditional art into the emerging world of NFT.
The duo’s collaboration comes right after Fingerlabs’ successful Series A investment round. The company quickly gained a reputation in the Web3 space, making significant strides in integrating the online and offline worlds through NFTs. Now, with the new collaboration, it is confident in its position as the industry-leading organization for its users in the Web3 and NFT domains.
veDAO and YouSUI partnership
Investment firm veDAO has started a new collaboration with decentralized exchange (DEX) YouSUI. Accordingly, the duo come together to provide various benefits to users. One of them is about neutral management to give voice to the wishes of the community. The details in the official announcement are as follows:
This partnership is an important step towards Web3 transparency and innovative development. Going forward, we envision working closely to ensure fair governance voting within our community. Together, we are committed to supporting the growth of the web3 ecosystem, empowering our community members, and providing a transparent and inclusive platform for all.
Finally, at 21:00 tonight, the Fed will announce its interest rate decision. You can take a look at the expectations before the FOMC meeting in this article.
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