Working as a robust cryptocurrency-powered payment and investment solution, PlasmaPay has announced a strategic partnership with Moonrock Capital, a leading investment consulting partnership hailing from London and Hamburg cities. The participating firms will put in their joint efforts to promote decentralized finance and encourage its adoption in the broader section of the investor class. The news was circulated in the media via a Twitter post by the PlasmaPay team conveying:
"We’re delighted to bring on a partner of the calibre of Moonrock Capital who share our vision of a world in which everyone can participate in DeFi." – Ilia Maksimenka, CEOhttps://t.co/pjHRp5sZUg
— PlasmaPay (@Plasma_Pay) October 6, 2020
According to the report, the strategic collaboration will further the PlasmaPay network’s efforts to strengthen its hold in the marketspace before its highly-anticipated token offering likely to take place in the near future. Moonrock will enrich PlasmaPay with seamless excess to its long valuable experience of the field, deep insights about the trends, and worthy contact/client cluster that would help them to proliferate in the industry.
The Moonrock team is keenly working to change the blockchain sphere by revolutionizing the entire domain globally. It aspires to lend necessary support to young potential startup firms and business entities that strive to set their foot in the blockchain space. The expert team of Moonrock Capital provides guidance, tools, and services to these budding firms and helps to boost their growth slowly and steadily. With its experience and pivotal relationship channels, the entity thrives on bringing about a major change in the blockchain industry using its exclusive growth-oriented strategies dealing in core subjects.
The Managing Partner at Moonrock stated that they are elated with the partnership with the PlasmaPay network and aspire to achieve new heights. The team has strong confidence that DeFi will grow significantly in the future and has a promising run in the industry. The chief added that Moonrock is teaming up with firms to eliminate the present limitations of DeFi like scalability, high cost, and easy access to expand its outreach quickly.
On the other hand, Ilia Maksimenka, CEO of PlasmaPay, quoted that Moonrock has a similar vision of blockchain proliferation. The services and experience of Moonrock will help PlasmaPay in encouraging DeFi use. It will become more accessible, economical, and streamlined with no entry hurdles.
PlasmaPay offers fiat on/off ramp services through mobile and desktop applications on its crypto wallet and digital payment settlement DApp system. It boasts of a strong customer cluster spread across more than 165 countries globally. The forthcoming PlasmaPay dashboard will facilitate users to buy, sell, and exchange their virtual holdings along with easy cross-border payments as well. It is built on the Plasma DLT blockchain and aspires to bring the unbanked society under the DeFi shed without dealing with banking institutions.