Formosa Financial, a one-stop treasury management platform for crypto-assets, recently announced a partnership with Wanchain, the distributed financial infrastructure powered by cross-blockchain smart contracts with privacy protection.
This alliance with Wanchain will enable Formosa Financial to connect communities and assets across the industry through cross-chain transactions and be able to serve additional clients whilst offering decentralized applications alongside off-chain services.
With Wanchain’s unique privacy protection features and cross-chain smart contract, users will have access to a plethora of distributed applications to efficiently access financial services, such as loans, decentralized exchanges, multi-asset ICOs, and other asset management capabilities.
[perfectpullquote align=”full” bordertop=”false” cite=”Ryan Terribilini, the CEO of Formosa Financial” link=”” color=”” class=”” size=””]”Wanchain’s vision of bringing interoperability to blockchain networks is a great asset to the Formosa Financial ecosystem. We are excited to work with Jack Lu and the Wanchain team to provide yet another entry point to develop new opportunities in blockchain-based financial systems.”[/perfectpullquote]
The wide array of digital asset services that will be available on Formosa Financial’s platform will bring Wanchain considerable value as Wanchain’s applications seek more efficient, safe and customizable asset management strategies. By joining Wanchain’s diverse ecosystem, Formosa Financial and Wanchain aim to collectively bring a new level of financial services to both individuals and organizations in the blockchain space.
[perfectpullquote align=”full” bordertop=”false” cite=”CEO of Wanchain Jack Lu” link=”” color=”” class=”” size=””]”Businesses in the blockchain industry currently face unique challenges when it comes to financial services. So naturally, we are very excited Formosa Financial can provide customizable banking and custody services for businesses building on Wanchain and the blockchain space in general. We are confident Formosa Financial will be a great asset and are happy to welcome them to the Wanchain family.”[/perfectpullquote]