Nowadays, the cryptocurrency market has achieved exponential growth after major enterprises’ adoption including PayPal and legalization, and lots of capital and interests are gathering into the DeFi (Decentralized Finance) services. For instance, the price of Bitcoin, a most well-known crypto asset, is at the near historical high price range, and DeFi services’ total value locked (TVL) is around $14.18B. The overall market trend is almost the best ever.
Thus, two blockchain companies — APIS(APIX) and FNB(FNB) signed an MOU to actively and effectively respond to this new and positive market trend, and create synergy with technology exchange and business cooperation. We will conduct long-term cooperation with the goal of constructing a crypto-asset and DeFi ecosystem that is connected to the real economy.
Especially, all both companies have achieved outstanding results in their own field, and have unique services like crypto-asset staking platform & mainnet (APIS) and real-life related franchise blockchain protocol (FNB). Of course, there are lots of users using the services and it is expected to created huge synergy through this partnership.
Through this MOU, both teams will continue collaboration including cooperated service development and operating through the technology & business cooperation structure constructed by it. And we will launch a cooperative DeFi project, which is connected to the real economy.