TLDR:
- Coinsilium Group is partnering with LC Lite to provide advisory services for LC Lite’s upcoming token launch.
- Coinsilium will advise LC Lite on tokenomics and facilitate introductions to service providers and cryptocurrency firms.
Coinsilium Group, a Web3 advisor, venture builder, and investor, has teamed up with global trade exchange platform LC Lite. The partnership aims to provide strategic advisory services for LC Lite’s upcoming token launch. LC Lite, recently acquired by Incomlend, a regulated global invoice finance marketplace, plans to leverage Web3 decentralized technology to enhance marketplace liquidity and offer multicurrency solutions for cross-border export financing. Coinsilium will assist LC Lite in tokenomics before the planned token launch in the fourth quarter of 2024 and provide introductions to its network of service providers and cryptocurrency firms. Eddy Travia, Coinsilium CEO, believes that LC Lite has the potential to revolutionize the trade finance market and generate new yield opportunities for crypto traders. The partnership between Coinsilium and LC Lite is expected to offer businesses cross-border payment solutions for real-world assets.
In another development in the Web3 space, Ondo Finance and Aptos Foundation have partnered to integrate real-world assets with blockchain technology. The collaboration aims to create a series of financial products using the strengths of both organizations, starting with the integration of Ondo’s tokenized U.S. Treasuries product, USDY, onto the Aptos blockchain. Additionally, Web3 venture capital firm Hack VC recently closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities, bringing its aggregate commitments to $350 million. Hack VC’s investment strategy focuses on Web3 infrastructure, financial infrastructure, and the intersection of Web3 and artificial intelligence.
