Alfprotocol, the DeFi protocol on the Solana network, announced that it has formed a joint venture with decentralized exchange (DEX) Soldex.
The joint team began work to provide secure products and access to more DeFi users and a wider network of connections. The CEOs of both companies also stated that they are working hard through the bear market with the promise of many exciting updates to come over the coming weeks and months.
Aflprotocol and Soldex Joint Venture Announced
With the partnership of DeFi protocol Alfprotocol and Soldex, the infrastructure for scaling businesses and the sandbox for robust testing and auditing are emerging before rolling out new features. The two projects are technically beneficial to each other, and Soldex DEX includes a comprehensive set of technologies to enhance the Alfprotocol DeFi ecosystem.
Matt Sauciunas, CEO of Alfprotocol, said of the partnership:
“We are excited to announce that these two cutting-edge DeFi projects have joined forces and Soldex is part of the Alfprotocol family.”
Soldex CEO Iaroslav Osipov made the following statement in his statement:
“Practically speaking, Alfprotocol is merging with Soldex, but in this case a joint venture would be a better term than a merger as we will be working as equal partners and benefiting from the tremendous synergies this partnership offers”
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