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Industry news

Lendingblock and Quoine announce partnership


27 June 2018 Gibraltar
Reporter: Maddie Saghir

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Image: Shutterstock
Collateralised digital asset lending platform Lendingblock has formed a partnership with financial technology company QUOINE.

The partnership will see QUOINEX and QRYPTOS exchanges and the LIQUID platform integrated within the Lendingblock platform.

QUOINE will join Lendingblock鈥檚 institutional advisory group and list Lendingblock鈥檚 LND token on QRYPTOS and LIQUID.

Steve Swain, CEO of Lendingblock commented: 鈥淨UOINE is one of the world鈥檚 leading blockchain financial services firms. We look forward to working closely with them to provide our lending exchange and loan lifecycle management services to Quoine and their customers.鈥

He continued: 鈥淭hey will be an invaluable partner as part of our institutional advisory group as we roll out our institutional product offering.鈥

Seth Melamed, senior vice president and head of operations at Quoine, said: 鈥淲e are thrilled to be working with the Lendingblock team, who share our vision for making financial services accessible to the broad spectrum of investors. Lendingblock is leveraging blockchain to efficiently introduce the ability to borrow and lend cryptocurrency in a secure and transparent manner.鈥

Melamed added: 鈥淲e are truly excited to be a part of the innovation Lendingblock is bringing to the blockchain financial services ecosystem. Both of our communities will benefit from the partnership by making new pools of liquidity available and we look forward to a long and prosperous friendship.鈥
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