There have been a number of high-profile partnerships to have taken place in recent times in the initial coin offering (ICO) sector and it appears that another one is now in the works.
Midas Protocol is a blockchain solutions firm that is growing impressively and they are based in Singapore. It has been revealed that they have now had a meeting to discuss a potential collaboration with Huobi Pro.
This meeting took place at the office of Midas in Vietnam. Huobi Pro is currently the 4th biggest crypto exchange in the world and they have been on the lookout for partnerships and investments throughout Asia.
What are the details about this meeting?
This visit took place over the weekend and it allowed the Midas Protocol to be extensively introduced to Huobi and the team members discussed their plans for the future.
Midas Protocol wants to become an industry leader and this is why they are looking to establish a partnership with those that have the stature of Huobi. They are two companies that clearly value the power of cryptocurrency and they are aiming to bring blockchain technology more into the mainstream and help change the world in the process of doing so.
Midas Protocol has received past investment from Regulus Investment and Capital Holdings. They want to provide a wallet that can used for all important crypto needs, throughout the entire process of investing, converting and spending digital currencies.
What is Midas hoping to achieve?
This is vital for a new crypto investor as the process of getting involved in the market for the first time can be somewhat intimidating. If this process can all be streamlined using one straightforward platform, this will significantly decrease the barrier to entry of getting involved in the market.
Midas is a wallet that will allow users to hold many different types of crypto. It is also an intelligence platform for trading and conducting analysis directly through the wallet.
There is even a trader’s leader board that allows people to copy or follow the trades that they are making. You will be able to spend your crypto on any type of local shop or all ecommerce platforms that currently accept crypto payments from a Midas Wallet There will also be relevant news that was curated by AI, as well as market alerts.