Investment banks partner with technology companies to build a Web3 digital asset ecosystem.

robot
Abstract generation in progress

Digital Bank collaborates with multiple enterprises to explore a new ecosystem of Web3.0 digital assets

Recently, an investment bank signed a memorandum of understanding in Kuala Lumpur with several technology companies, aimed at jointly promoting innovative development in the digital asset field of the Web3.0 era. This cooperation involves four parties: a licensed Labuan investment bank, a cryptocurrency trading platform, a cybersecurity company, and a cloud computing service provider.

According to the cooperation agreement, cryptocurrency exchanges, cybersecurity companies, and investment banks will contribute Web3 expertise to cloud service providers to jointly explore future business opportunities. The cloud service providers will be responsible for providing technical support for project planning and implementation. In addition, the cryptocurrency exchanges will provide fiat-to-crypto exchange services while complying with the relevant regulations of the Monetary Authority of Singapore, facilitating a smooth transition from Web2 to Web3, and acting as liquidity providers for investment banks. The cybersecurity companies will focus on the development of Web3 security solutions.

The signing ceremony was held at the Customer Solutions Innovation Center of the cloud computing service provider located in Kuala Lumpur. The representatives participating in the signing included the chairman of the investment bank's board, the CEO and founder of the cryptocurrency trading platform, the CTO and founder of the cybersecurity company, and the vice president of the AI business unit of the cloud computing service provider's Malaysian branch.

Asia Digital Bank and BitDATA, Numen Cyber, and Huawei Cloud jointly develop new advancements in the digital asset ecosystem of the Web3.0 era

The chairman of the board of the investment bank stated when discussing this cooperation: "The Web3.0 era, with the core concept of 'Internet of Everything + customer-centric', provides vast space for the innovative development of financial institutions, especially digital banks. Our collaboration with financial technology partners in Singapore to build a new ecosystem will focus on the innovation of digital financial products and the core development and appreciation of digital assets, continuously creating and sharing value for global enterprises and individual users."

The CEO of the cryptocurrency trading platform stated: "This quadrilateral cooperation will lay the foundation for the technological development of Web3.0. As a bridge between Web2 and Web3, we will assist Web2 applications in transitioning to Web3. At the same time, cloud service providers will offer comprehensive cloud infrastructure services for the Web3 industry, while cybersecurity companies will provide comprehensive security guarantees for Web3. We believe that with the joint efforts of multiple parties, Web3 will experience explosive growth in Southeast Asia and even the global market."

CYBER47.83%
CLOUD2.51%
PNG4.8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
TradFiRefugeevip
· 08-08 23:15
Blockchain changes the world
View OriginalReply0
MetamaskMechanicvip
· 08-08 16:03
It's just hype and playing people for suckers.
View OriginalReply0
Layer3Dreamervip
· 08-07 07:15
theoretically speaking, web2->web3 bridging needs recursive zk proofs for true interop
Reply0
rekt_but_resilientvip
· 08-06 08:14
Here comes Be Played for Suckers again.
View OriginalReply0
ZKSherlockvip
· 08-06 08:13
actually, where's their privacy-by-design protocol? smh at another web3 collab without zk proofs...
Reply0
ShamedApeSellervip
· 08-06 08:01
suckers tool new suckers
View OriginalReply0
fren.ethvip
· 08-06 07:56
Don't make it too grand, it's just Be Played for Suckers, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)