This week witnessed interesting developments that the Bitcoin and Ethereum networks paused again after years. On the other hand, OKX Ventures’ new investment move and Halo Wallet and Conflux Network partnership are among the prominent headlines. You can find the hottest altcoin partnerships of the week in this post.
Here are the top altcoin partnership news of the week
Flare Networks and Rationarium partnership
In the first news, Flare Network has partnered with Rationarium to use its first Web3 ERP solution. Rationarium is a company that provides ERP solutions using Blockchain technology in finance, logistics, stock management and other industries. Flare will integrate smart contracts into Rationarium’s solutions, combining them with decentralized data sources, payment systems and other features.
In this way, users will have access to an ERP solution that allows businesses to be managed in a more efficient, transparent and decentralized way. Flare also announced its integration with several DeFi protocols. The FLR deployment will take place soon, where the Flare network will securely bridge the XRP network to other Blockchain networks.
Flare has partnered with @rationarium, provider of the world’s first full-stack cloud enterprise solution for web3. The deal will see #Flare utilize Rationarium’s solutions for managing grants, accounting & finance, tax, HR and more.https://t.co/lj3w9bN8G9 pic.twitter.com/wCc8447W6V
— Flare ☀️ (@FlareNetworks) May 12, 2023
OKX and Unisat partnership
Cryptocurrency exchange OKEx has partnered with UniSat, the DEX platform for BRC-20 tokens. OKEx announced that through the partnership, OKEx will provide liquidity for BRC-20 projects. The exchange will also benefit from UniSat’s advantages such as its user-friendly interface and fast transaction times.
In addition, UniSat will provide analytical data through a partnership with OKEx’s blockchain data analytics company IntoTheBlock. The collaboration between the two platforms provides greater liquidity and trading opportunities for BRC-20 projects. As Kriptokoin.com, we mentioned that the BRC-20 projects were the center of attention during the last week.
https://twitter.com/okxweb3/status/1657005925167943681
OKX Ventures announces Rage Trade investment
OKEx Ventures announced that it will invest in Rage.Fan. Rage.Fan is a platform that combines NFT and DeFi. The platform allows users to purchase NFTs based on sports, esports and other events.
OKEx Ventures’ investment will support the development of Rage.Fan, helping the platform grow in the NFT market and further innovate in DeFi applications. Additionally, Rage.Fan will provide access to OKEx’s IntoTheBlock analytical data. This partnership offers a better user experience to Rage.Fan’s users. It will also help the platform grow.
1/ We're thrilled to announce that @OKX_Ventures, the venture arm of one of the largest exchanges, has recently invested in us.
With this new partnership, we're more committed than ever to bringing you the best possible trading experience. pic.twitter.com/AAWEM8yPqT
— Rage Trade (@rage_trade) May 10, 2023
Halo Wallet and Conflux Network partnership
In another partnership news, Conflux Network announced that it has launched an exclusive collaboration with the Halo DeFi platform. Halo is a platform that offers services such as staking, liquidity and lending to cryptocurrency investors. Conflux Network will integrate with Halo’s services, with advantages such as scalability, speed and low fees.
Halo will take advantage of the many benefits of the Conflux network and aim to provide a better user experience to its users. This collaboration will especially help Conflux Network’s DeFi applications grow. In addition, users of Halo will enjoy benefits such as lower fees and faster transaction times on the Conflux network.
https://twitter.com/Conflux_Network/status/1657007126261137408
CoinW and Alchemy Pay partnership
In the latest news, CoinW is collaborating with Alchemy Pay to accelerate its fiat-to-crypto-to-crypto solutions. Through the partnership, CoinW will offer more fiat currency options through Alchemy Pay’s payment infrastructure. This move allows users to access and trade cryptocurrencies more easily.
https://twitter.com/CoinWOfficial/status/1656926987792044034
This collaboration is one of Alchemy Pay’s latest moves to expand its user base. The company has previously made similar collaborations with Mastercard and Binance. CoinW, on the other hand, aims to gain a competitive position in the market by offering more fiat money options to its users.
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