SINGAPORE, Sept. 29, 2023/PRNewswire/ — ChainUp, a Singapore-based pioneer and global leader in the blockchain industry, celebrated its sixth anniversary with over 500 trading partners at Ce La Vi Singapore. During the celebration, Sailor Zhong, Founder and CEO of ChainUp, reflected on the journey: “Six years in the blockchain industry shows our resilience, innovation and forward-thinking approach. As we look to the future, we are committed to shaping a digital asset environment that is trusted, transparent and unparalleled. ChainUp aims to champion blockchain solutions beyond digital asset applications and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The Renaissance of DEX As decentralized finance (DeFi) gains importance and focuses on returning control to users, one of the sectors affected by DeFi are exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating 340% year-over-year growth. However, factors such as poor user experience impeded the DEX adoption rate. Recognizing this trend, ChainUp has updated its white label DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly used centralized exchanges (CEX).
Bridging the digital asset market and TradFi The traditional financial sector has been moving very cautiously when it comes to digital assets. As more institutions lean towards RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amid this evolution, ChainUp’s RWA solutions emerge as industry pioneers, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimize risk and maximize security ChainUp’s MPC Wallet revolutionizes cryptographic security by integrating MPC technology with advanced hardware isolation, ensuring maximum security and data encryption. The wallet offers dynamic key update mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-direction management and 24/7 expert support, users enjoy full asset control, scalability and profitability, all under one roof.
Compliance: The Guiding Principle Navigating global regulations in the blockchain sector can be complex. Trustformer, ChainUp’s KYT subsidiary, offers peace of mind to businesses facing compliance challenges. ChainUp’s advanced anti-money laundering (AML) and counter-terrorism financing (CFT) solutions show its commitment to a more secure blockchain environment.
For detailed information on ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr
About ChainUp Headquartered in Singapore, ChainUp is a leading global provider of end-to-end blockchain technology solutions covering infrastructure development and ecosystem support. Built on the mission of empowering businesses through blockchain technology, ChainUp’s innovative and comprehensive regulatory-compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, custody of digital assets, security token offerings and more. Founded in 2017, ChainUp has offices around the world and serves more than 1,000 customers in 30 countries and reaches more than 60 million end users.
CONTACT: Jacelynn Pang, jacelynn.pang@chainup.com
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