Velo announces its initiative to integrate with Poloniex, one of the oldest crypto exchanges, to enhance liquidity and improve the trading experience while providing more secure Web3 finance solutions.

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At its core, Poloniex is a digital asset exchange, serving as a platform for trading cryptocurrencies, non-fungible tokens, and crypto futures. Over time, it has evolved beyond being just an exchange, expanding its involvement in metaverse development and all things related to decentralized finance. It has notably earned a reputation for its digital security.

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With Velo's holistic ecosystem featuring products like Orbit, Universe, and VeloFinance, integrating with Poloniex is an obvious choice as Velo expands its presence across the exchange.

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Velo Universe will leverage and bridge liquidity from Poloniex, enabling users to access a deeper pool of assets and making Universe a more appealing platform for decentralized finance.

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This integration will provide ample opportunities for both parties. Velo envisions itself as a leading payment gateway for centralized exchanges, while Poloniex acts as a catalyst to turn this vision into reality.

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This initiative between Poloniex and Velo represents a significant step towards fostering a more interconnected and versatile digital ecosystem within the Web3+ framework.

About Velo Labs:

Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in the mass adoption of blockchain. Our extensive Web3-based payment network and Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.

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About Poloniex

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At its core, Poloniex is a digital asset exchange. It provides a platform for trading cryptocurrencies, non-fungible tokens, and crypto futures. However, it is slowly becoming more than an exchange, expanding its footprint in the digital space to become involved in the development of the metaverse and all things decentralized finance. Founded in early 2013, Poloniex emerged as an important and polarizing name in digital asset exchanges, mainly for its relationship with users and transaction security. 

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https://poloniex.com/

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