Lendingblock, the institutional platform for collateralised digital asset lending, has formed a partnership with global fintech company QUOINE.
The partnership will see the QUOINEX and QRYPTOS exchanges, as well as the LIQUID platform later, integrated with the Lendingblock platform to facilitate the sharing of liquidity, and also extend borrowing and lending to exchange users. QUOINE will join Lendingblock’s Institutional Advisory Group and list Lendingblock’s LND token on QRYPTOS and LIQUID.
Steve Swain, CEO of Lendingblock said, “QUOINE is one of the world’s leading blockchain financial services firms. We look forward to working closely with them to provide our lending exchange and loan lifecycle management services to QUOINE and their customers. They will be an invaluable partner as part of our Institutional Advisory Group as we roll out our institutional product offering.”
Seth Melamed, Senior Vice President and Head of Operations at QUOINE, said, “We are thrilled to be working with the Lendingblock team, who share our vision for making financial services accessible to the broad spectrum of investors. Lendingblock is leveraging blockchain to efficiently introduce the ability to borrow and lend cryptocurrency in a secure and transparent manner. We are truly excited to be a part of the innovation Lendingblock is bringing to the blockchain financial services ecosystem. Both of our communities will benefit from the partnership by making new pools of liquidity available and we look forward to a long and prosperous friendship.”