Chainwire | Foresight Ventures Announces Strategic Partnership With Deep Blue and Arta TechFin To Enhance Stablecoin and RWA Business Initiatives Chainwire | usagoldmines.com
Foresight Ventures, the leading investment firm specializing in Web 3.0 projects, today announced a strategic partnership with Deep Blue – a newly launched Jersey-based stablecoin issuer – and Arta TechFin Corporation Limited (Arta TechFin, HKSE: 0279) – a Hong Kong listed company via its subsidiaries operating regulated financial institutions and leading blockchain developments.
The alliance aims to drive innovation and growth of the stablecoin and RWA (real-world asset) ecosystem.
Deep Blue is an issuance platform for stablecoins bringing best-in-class practices and best partners in both digital assets and traditional finance, enabling users to operate across multiple use cases.
Arta TechFin will bring in its capabilities as a regulated blockchain financial services provider, collaborating with Foresight Ventures and Deep Blue on stablecoin and RWA businesses including but not limited to origination, tokenization, market making and providing liquidity.
Commenting on the partnership, Julien Bahurel, co-founder of Deep Blue, said,
“We are excited to join forces with Foresight Ventures to accelerate our efforts in the stablecoin and RWA sectors.
“This partnership represents a significant step forward in our mission to bridge the gap between traditional finance and the emerging blockchain economy – leveraging on key crypto partners, large Asia-based conglomerates and financial institutions.”
Foresight Ventures, known for its commitment to fostering Web 3.0 projects that promote decentralization and mainstream adoption of cryptocurrency, will provide Deep Blue with strategic collaborations that include media and network resources.
This partnership is expected to elevate Deep Blue’s initiatives, bringing them to a wider audience and enhancing their impact on the global financial landscape.
Both parties look to leverage off each other’s access to the blockchain and traditional finance ecosystems.
Forest Bai, representative at Foresight Ventures, said,
“We are thrilled to collaborate with Deep Blue and ArtaTechFin – companies that share our vision of a decentralized future where blockchain and traditional finance coexist seamlessly.
“Our strategic resources and industry expertise will help Deep Blue scale its ecosystem and make a lasting impact in the stablecoin and RWA domains.”
This strategic partnership marks a new chapter for all companies as they work together to pioneer cutting-edge financial solutions that will shape the future of the global economy.
Foresight Ventures is the leading global crypto venture capital firm, managing over $400 million in assets across over 100 investments.
With a research-driven approach, Foresight Ventures bridges Eastern and Western markets, focusing on early-stage opportunities in Web 3.0.
Its diverse portfolio spans blockchain infrastructure, AI and consumer applications with investments in top companies like Bitget, Aptos Labs and TON.
Through its premier owned media network – including The Block, Coinness and BlockTempo– the firm provides exposure to transformative technologies that shape the future of financial ecosystems.
Foresight Ventures backs the boldest upcoming innovations, encouraging concepts that challenge conventional platforms with real-life use cases built on emerging technologies.
Dedicated to accelerating crypto adoption for billions of people worldwide, Foresight Ventures breaks down barriers empowering global financial freedom and inclusion to all.
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
October 29, 2024 – Singapore, Singapore Foresight Ventures, the leading investment firm specializing in Web 3.0 projects, today announced a strategic partnership with Deep Blue – a newly launched Jersey-based stablecoin issuer – and Arta TechFin Corporation Limited (Arta TechFin, HKSE: 0279) – a Hong Kong listed company via its subsidiaries operating regulated financial institutions
The post Foresight Ventures Announces Strategic Partnership With Deep Blue and Arta TechFin To Enhance Stablecoin and RWA Business Initiatives appeared first on The Daily Hodl. Press Releases, sponsored
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.
