CrossFi announces a five-company partnership deal. The partners include Enflux, ApeBond, Victus Global, Alpha Token Capital, and Pinnacle Ventures. It aims to expand its DeFi ecosystem, accelerate growth and drive Web 3 adoption. DeFi ecosystem and Web 3 payment solution CrossFi announces a major five-company partnership deal to accelerate its growth and expand its DeFi ecosystem. The partnerships, announced Thursday, include major DeFi players and venture capital firms such as Enflux, ApeBond, Victus Global, Alpha Token Capital, and Pinnacle Ventures. Apart from accelerating growth and expanding its DeFi offerings, CrossFi also aims to drive Web 3 adoption, through deepening liquidity and easing capital funding. In addition to the partnerships, CrossFi is planning to extend its products and services that builders can access within its growing decentralized finance ecosystem. The strategic collaborations will help CrossFi strengthen its DeFi stack and enhance the quality of existing services available to its users, a statement from the team reads. These services include deepening liquidity across its CrossFi xApp, increasing token utility, and offering token issuance options for projects built within CrossFi. These partnerships align with CrossFi’s mission to establish itself as a major digital finance space where access to on-chain solutions is seamless. The first strategic partnership is with Enflux, a transparent and collaborative Web 3 marketing, OTC investment and market analytics platform. The platform is also a leading market maker and liquidity provider, which ties well with CrossFi’s vision. The company 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. Second, CrossFi also formed an alliance with ApeBond, a multi-chain bonding protocol committed to building a sustainable DeFi future for projects and communities. The platform aims to transform Web 3 fundraising via its OTC marketplace that enables Web 3 startups to raise capital and issue tokens in a transparent and fair manner. Through partnering with ApeBond, CrossFi will be able to offer best-in-class fundraising and token issuance options for projects building within its ecosystem. Victus Global is the third strategic partner in the five-company partnership. The company is a leading digital asset investment specialist that helps Web 3 companies accelerate growth and build their brands globally. By partnering with Victus Global, CrossFi will tap into its expertise in a bid to expand its brand and establish a presence within the Web 3 landscape. By combining CrossFi’s decentralized finance expertise with Victus Global’s institutional investment background, the partnership will yield dividends for both parties. The fourth partnership by CrossFi is a strategic collaboration with Alpha Token Capital (ATC), a liquid token fund that has played a role in building companies across the rising regions of crypto globally. The company has helped forecast Web 3 companies in high-value growth areas such as Asia, LATAM, and the Middle East. As co-organizer of the ABC Web3 conference, and with a global partner network, ATC will support CrossFi by helping it to raise its profile and grow its community at major conferences and other events. Lastly, CrossFi confirmed the partnership with Pinnacle Ventures, a specialized Web3 venture capital firm focusing on early-stage blockchain projects. The company focuses on providing long-term investment options and value growth in early blockchain projects. 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. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
