‍Singapore – December 27, 2023 – Velo Web3+ Ecosystem is thrilled to announce a strategic partnership with HTX, one of the world's leading cryptocurrency exchanges to promote innovative and secure decentralized finance (DeFi) solutions. This partnership marks a significant step forward in enhancing the user experience and expanding the scope of our services.

‍

Velo is a dynamic force in the world of blockchain utility, on a mission to transform the way we interact with blockchain technology. Their journey began with the creation of a decentralized settlement network, enabling secure and transparent value transfers. Velo's vision encompasses addressing the limitations of traditional financial services, replacing outdated legacy systems with modern, secure, and accessible financial solutions.

‍

HTX is renowned as one of the largest and most reputable cryptocurrency exchanges globally. With a wide array of digital asset trading services, including spot trading, futures trading, staking, and more, HTX offers a secure and user-friendly platform that aligns perfectly with its commitment to excellence. HTX's reputation extends globally, and  is known for its unwavering commitment to compliance and security within the cryptocurrency industry.

‍

With Velo and HTX at the forefront of blockchain and cryptocurrency innovation, both entities are driving the evolution of digital finance and paving the way for accessible, secure, and efficient financial solutions in a rapidly changing world. Through this collaboration, Velo Universe will provide brokerage services to HTX users, facilitating the flow of orders and seamless access to HTX's extensive trading options.

‍

Velo and HTX: Bridging the Best in Cryptocurrency Trading

‍

Here's how this collaboration will elevate user trading experience:

‍

Enhanced Liquidity: The collaboration enables Velo Universe to bridge liquidity from HTX, allowing users access to a deep and dynamic pool of assets. This partnership will enhance users’ ability to trade seamlessly and efficiently, making Velo Universe an even more attractive platform for DeFi enthusiasts.

‍

Swap HT Token for Payment on Orbit:

As part of this collaboration, Velo will explore the potential to exchange the HT tokens for payments within Velo's merchant solution, Orbit. This integration offers users a versatile means of utilizing their HT tokens for real-world transactions, with further developments and exploration underway.

‍

Exploring Possibilities of Using HTX Wallet for Payments via Orbit APIs:

The partnership extends to exploring the integration of HTX wallets with Velo's Orbit merchant network through cutting-edge API solutions. This exploration envisions users leveraging their custodian wallets in HTX to potentially scan QR codes and make payments to merchants. The settlement process, facilitated by Orbit APIs, holds the potential to offer a swift and secure crypto-to-fiat payment experience.

‍

This collaboration between HTX and Velo signifies a significant step in fostering a more interconnected and versatile digital ecosystem within the Web3+ framework. As the partnership evolves, users can anticipate expanded liquidity options and potential innovations in payment solutions, demonstrating the commitment of both Velo and HTX to redefine the boundaries of decentralized technology.

About HTX

‍

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive  ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services. Our growth strategy - "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance", underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details

Michael Wang

glo-media@htx-inc.com

Company Website

https://www.htx.com/