More developments taking place in Tezos, this time facilitated by a strategic partnership with fintech firm Liquefy.
Popularly known for its asset tokenization solution, it stands out in the crypto space. According to a news report, the Hong Kong-based firm Liquefy will build security tokens for blockchain security projects built on Tezos. The tokens and blockchain tech will also come in handy for Liquefy real estate contracts.
Speaking about the partnership, Hubertus Thonhauser, pointed out that this partnership with Liquefy further cements Tezos as a leader in the digital assets securities space. As well as a one-stop-shop for a wide range of other financial dapps worldwide. Also adding that the partnership will give Tezos market shares a much-needed boost. Hubertus Thonhauser is one of Tezos Foundation Council Members.
Liquefy CEO, Adrian Lai, on the other hand, disclosed that the goals, vision, and mission of both companies are in sync. Hence, the partnership is a plus and Liquefy is delighted to partner with Tezos.
Lai further disclosed that Tezos vision is to facilitate worldwide innovation. While Liquefy’s mission is to renovate investments in conventional illiquid assets.
Further adding that “we deeply value the support from the Tezos Foundation and anticipate great developments from our partnership.”
More Partnerships for Tezos
Tezos have been on a partnership streak. In January 2020, it partnered with venture capital firm, Andra Capital. With plans to assist Andra Capital issue its own token through a Security Token Offering (STO). The proposed token was called Silicon Valley Coin (SVC).
Early this week, Tezos also got listed on Binance.US. Binance US users can now trade XTZ/USD and XTZ/BUSD.
Tezos is a popular blockchain project that prides itself on operating a self-governed and truly digital commonwealth. Token holders all have to work harder especially in decision making so as to help build the protocol.
Founded in 2017, the exchange held an Initial Coin Offering (ICO) in July 2017, where it made a whopping $232 million. Officially launched in September 2018, Tezos is currently one of the most important cryptocurrencies available today.
As at press time, Tezos was worth $1.31 per token, after having fallen more than 18 percent in the last 24 hours.
Liquefy also partnered with NEO to build a security token ecosystem.