Lendingblock and QUOINE Announce Partnership for Blockchain Lending
QUOINE, a global fintech company providing blockchain-based trading and exchange services and owners of QUOINIX has partnered with Lendingblock as a liquidity partner and joined the Lendingblock Institutional Advisory Group.
Lendingblock is an institutional platform for collateralised digital asset lending. QUOINE own the digital asset exchanges QUOINEX, QRYPTOS, and the upcoming LIQUID platform.
Within the partnership all three QUOINE exchanges will be integrated with the Lendingblock platform to facilitate the sharing of liquidity and to extend Lendingblock’s borrowing and lending services to the exchange users.
London-based Lendingblock describes itself as open exchange for cryptocurrency loans which matches borrowers and lenders for secure cryptocurrency only transactions. The blockchain finance company aims to “satisfy institutional demand” for borrowing and lending of digital assets and also partnered with Octagon Strategy recently.
QUOINE will join Lendingblock’s Institutional Advisory Group and list Lendingblock’s LND token on QRYPTOS and LIQUID.
Lendingblock CEO Steve Swain sees QUOINE as an invaluable partner of the Institutional Advisory Group as Lendingblock launches its institutional product offering and as a partner for its exchange services:
“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.”
QUOINE has offices in Japan, Singapore, and Vietnam and is “thrilled” to be working with Lendingblock.
QUIONE Senior Vice President and Head of Operations, Seth Melamed, commented:
“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.”