We are thrilled to announce our latest collaboration with AllianceBlock on integrating with their state-of-the-art DeFi applications to complement the IXS ecosystem.
AllianceBlock is a chain-agnostic platform that builds funding and interoperability solutions for the DeFi market and, at the same time, creates compliant and data-driven access for liquidity providers from traditional financial institutions.
To complement the IX Swap ecosystem, IX Swap will be commencing this collaboration by utilizing AllianceBlock’s DeFi applications such as their AllianceBlock Liquidity Mining as a Service, AllianceBlock Bridge, and AllianceBlock Data Tunnel. The collaboration will seek to enhance IX Swap’s DeFi and cross-chain capabilities to increase awareness, adoption, and liquidity.
Both projects are very excited about this partnership and can see many synergies going forward as both projects continue to develop.
Rachid Ajaja, CEO and co-founder of AllianceBlock, commented:
“Here at AllianceBlock, we pride ourselves in building the tools and solutions that the DeFi industry needs to succeed. Achieving the full maturity of our industry is an extremely important step in bridging to traditional finance. Given this, it’s an absolute pleasure to see some of our first products extended to a fellow disruptor at the intersection of CeFi and DeFi — IX Swap. Through gradual integration of AllianceBlock LMaaS, Bridge, and Data Tunnel, IX Swap will be able to grow their ecosystem, improve interoperability, and add vital liquidity to the development of the project.”
Aaron Ong, Co-Founder at IX Swap, also commented:
“IX Swap is building the necessary infrastructure to bridge CeFi with DeFi, connecting real assets that can be traded on the blockchain. Like us, AllianceBlock shares the same vision of building a regulatory-compliant ecosystem that will bring on the next age of financial markets. Together, through this partnership, IX Swap and AllianceBlocks will pave our way to building a better, tokenized future for the financial industry.”
AllianceBlock is bridging the gap between decentralized finance (DeFi) and traditional finance (TradFi) by remedying issues that exist in both spheres and linking them more closely together. It sees the future of finance as an integrated system in which the best of both worlds can work together to increase capital flows and technological innovation.
AllianceBlock is building this future by bridging traditional finance with compliant, data-driven access to new decentralized markets, DeFi projects, and ecosystem-scaling tools such as funding and interoperability. As such, they are building a next-generation financial infrastructure that aims to provide regulated financial entities around the world with the tools they need to seamlessly access the DeFi space.
For more information about AllianceBlock, please visit: https://www.allianceblock.io/.