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Crypto.com Joins Forces with LINE Xenesis to Propel Adoption Across APAC.

CronosChainNews by CronosChainNews
July 30, 2023
in Cronos, Learn
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Crypto.com Joins Forces with LINE Xenesis to Propel Adoption Across APAC.
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Harnessing the power of their unparalleled reach and technological prowess, Crypto.com and LINE Xenesis Corporation have forged an exciting Memorandum of Understanding (MoU) that promises to reshape the crypto landscape across Asia Pacific and beyond. With over 80 million customers placing their trust in Crypto.com, a trailblazer in regulatory compliance, security, and privacy, and backed by LINE Xenesis, the crypto asset and blockchain-related business developer of the globally renowned LINE messenger app boasting 200 million monthly active users, this partnership is set to deliver groundbreaking cryptocurrency solutions. At the heart of this collaboration lies a shared vision to elevate LINE Xenesis’ licensed crypto offerings in Japan while laying the groundwork for a united front of crypto innovation, empowering influence across the broader Asia Pacific and global crypto industry. Together, they will delve into revolutionary ventures, including fortifying cryptocurrency payment capabilities and seamlessly integrating NFTs. Additionally, by tapping into LINE Xenesis’ vast regional and global affiliate network, Crypto.com will extend tailored technology, platform, and product development capabilities. Eric Anziani, President and Chief Operating Officer at Crypto.com, expressed his enthusiasm for the collaboration, saying, “Enabling real-world utility is critical to our mission of mainstreaming crypto. Through our collaboration with LINE Xenesis, we will facilitate this utility by leveraging our respective expertise with a highly tech-savvy base throughout the APAC region.” Patrick Yoon, General Manager of Crypto.com Korea, echoed the sentiment, noting that “APAC and Japan are significant potential growth markets for crypto with high levels of interest and adoption already in place. By bringing Crypto.com and LINE Xenesis together, we will collectively uncover even greater opportunity and impact.” Lim Inkyu, President, and CEO of LINE Xenesis, further emphasized the excitement surrounding the partnership, stating, “LINE Xenesis is exploring various ways to collaborate with the world’s leading companies in the virtual asset industry. We are excited to see the synergies created by our partnership with Crypto.com, which has more than 80 million enthusiastic users worldwide, with LINE Xenesis’ blockchain business in Japan. Starting with this collaboration in the Japanese market, we hope to work towards new business opportunities globally based on the technology and knowledge of our two companies.” Get ready to witness a new era of innovation and utility in the crypto world as Crypto.com and LINE Xenesis pave the way for extraordinary possibilities across the APAC region and beyond. Together, they are setting the stage for a dynamic future where crypto is embraced, utilized, and celebrated worldwide.”
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