Acredius, a leading fintech company, has partnered with the Cardano Foundation to promote the use of blockchain technology in the lending industry.
Acredius, a digital financial platform that provides fundraising and lending/borrowing services, announces its partnership with Cardano (ADA).
The Swiss financial technology company Acredius announced on Twitter that it has formed a long-term strategic partnership with the Cardano Foundation, one of the non-profits responsible for monitoring the development of the Cardano (ADA) blockchain.
Now that the cooperation is active, all Acredius users may use the Cardano (ADA) token to make direct investments in Swiss SMEs. This is a huge win for the practical implementation of Cardano’s (ADA) protocol.
Additionally, the “Secondary Market” module of Acredius will soon be available to Cardano (ADA) customers, increasing the liquidity of their assets.
The relationship is crucial to the growth and exposure of Acredius, according to CEO and co-founder Ghassen Benhadjsalah.
“In addition to helping each party, this partnership will also make marketplace financing more accessible. Changes in what our customers want are keeping us on our toes. We want to set the standard for innovation in the online lending sector.”
Cardano’s (ADA) potential growth may next centre on AI-based initiatives in the real world, as previously detailed by U.Today. Charles Hoskinson, who created ChatGPT, discussed its potential medical applications.
Acredius will join the dApps ecosystem on the Cardano (ADA) blockchain, in addition to beginning to accept ADA as a payment mechanism.
According to a team announcement, it plans to use Cardano (ADA), the second-largest proof-of-stake (PoS) blockchain, for the deployment of smart contracts.
Acredius, built on Cardano (ADA), will provide simple tokenization tools that may be used to speed up the fundraising processes for both retail investors and small and medium-sized enterprises (SMEs).
Also Read: The Shiba Inu (SHIB) receives a new exchange listing
