Linear Finance Partners with 3Commas to Expand its Offerings
Decentralized cross-chain crypto protocol, Linear Finance announced on Friday that it has partnered with one of the largest crypto trading platforms, 3Commas. In the official tweet, Linear Finance mentioned that the partnership would allow it to expand offerings on its platform by integrating 3Commas trading tools and platforms.
📢Excited to announce a partnership in the form of a Strategic Investment from @3commas_io, with a roadmap for #Integration allowing for greater range of features and offerings on #LinearFinance!
Details: https://t.co/Z984veAYlJ#3Commas #StrategicInvestment #Integration $LINA
— Linear Finance (@LinearFinance) October 30, 2020
3Commas is one of the largest crypto trading networks globally with over 23 integrated exchanges, including the likes of Binance, churning a monthly trading volume upwards of $5 billion. On the other hand, Linear Finance is a DeFi focused Delta-One asset protocol that allows users to create, trade, and manage cross-chain compatible digital assets seamlessly and with unlimited liquidity.
3Commas Co-Founder, Mike Goryunov, stated that their advanced trading tools have made them one of the best crypto exchanges brokerage network, and they want to apply these tools to the DeFi segment. Commenting on their integration with 3Commas, Kevin Tai, Co-Founder of Linear Finance, said that the partnership between the two would push adoption and innovation in their field of work. Kevin further added,
Decentralized finance is one of the fastest-growing segments in the crypto blockchain industry. However, the growing demand is posing newer challenges to the segment, opening a door of opportunities for companies like 3Commas. Therefore, this pushes the industry’s innovation, taking it to the next level of a decentralized economy.