The partnerships aim to enhance market liquidity for Defi users, improve Web 3 fundraising, accelerate DApp growth, enhance community growth, and bring decentralized financial services to mainstream users.
CrossFi, a decentralized ecosystem for payment solutions, announced a five-company strategic partnership deal to enhance its Web 3 payment services to its users. The DeFi-tailored ecosystem has partnered with Enflux, ApeBond, Victus Global, Alpha Token Capital, and Pinnacle Ventures to accelerate growth and drive Web 3 adoption. The strategic partnerships will be accentuated by new products and services that builders can access within CrossFi’s growing decentralized finance ecosystem.
The five partnerships aim to strengthen CrossFi’s Defi offerings, enabling the platform to further bridge traditional and decentralised finance worlds. In addition, the strategic partnerships will also enhance the quality of existing services available to users such as deepening liquidity and increasing token utility across the CrossFi xApp, its dedicated DeFi ecosystem. This aligns with CrossFi’s goal to establish itself as a major digital finance space where access to on-chain solutions is seamless.
Supporting Web 3 Startups and Accelerating Growth
CrossFi aims to transform Web 3 fundraising via its partnership with ApeBond, a multi-chain bonding protocol committed to building a sustainable DeFi future for projects and communities. ApeBond offers an on-chain OTC marketplace for DeFi startups that enables projects to raise capital and issue tokens in a fair and transparent manner. The partnership with ApeBond allows decentralized applications and projects building within CrossFi to fundraise on the platform and issue tokens easily and seamlessly.
The second strategic partner, Victus Global, is a strategic advisory firm and investment specialist that helps Web 3 companies accelerate growth. By partnering with the advisory firm, CrossFi aims to tap into its expertise in a bid to establish a presence in the Web 3 ecosystem and expand its offerings to users. By combining CrossFi’s decentralized finance expertise with Victus Global’s institutional investment background, the two partners aim to build their brand through mutual cooperation.
Third, CrossFi entered a partnership with Alpha Token Capital (ATC), the liquid token fund established to support and elevate promising token projects already listed across various markets. The fund has had a hand in various projects launched and listed in key crypto growth regions, including Asia LATAM and the Middle East. ATC has grown into one of the biggest liquid token funds, co-organizing the ABC Web 3 Conference and being a global partner for several huge crypto conferences. ATC will support CrossFi by helping it raise its profile and grow its community at major conferences and other events.
Growing The DeFi Ecosystem
CrossFi allows DeFi projects to harness the full potential of cross-chain blockchain technology and create a seamless, integrated financial experience. The strategic collaboration with Enflux, a leading market maker and liquidity provider, truly embodies this vision. Enflux supports projects through tailored growth strategies and liquidity solutions that enable them to achieve their full potential. Enflux will work closely with CrossFi to enhance market liquidity, resulting in a better user experience for traders.
Finally, CrossFi also announced its partnership with Pinnacle Ventures, a specialized Web3 venture capital firm focusing on early-stage blockchain projects. The company provides long-term support to Web 3 startups, including comprehensive investment solutions and mentorship, through strategic investments and collaborative growth. Pinnacle’s vast experience in navigating the web3 space and ensuring sustainable growth will prove invaluable to CrossFi as it implements its roadmap and advances its goal of bringing decentralized financial services to mainstream users.
