HashKey Chain, a public blockchain for real-world assets, has announced a new partnership with KuCoin, a well-known crypto exchange. The collaboration intends to enhance access to real-world assets (RWAs) and its native $HSK token’s utility. The platform took to its official social media account to disclose this development.
HashKey Chain Joins Forces with KuCoin to Offer Increased RWA Accessibility
The partnership of HashKey Chain with KuCoin permits the latter’s consumers to directly extract $HSK tokens to HashKey Chain. With this, the users can efficiently stake $HSK token as well as take part in the broadening RWA ecosystem of HashKey Chain. This denotes a major endeavor to fill the gap between the blockchain technology and the conventional finance.
As a part of this initiative, KuCoin additionally backs the withdrawals and deposits in its native token $KCS. This is planned to be done through ERC-20 as well as KuCoin Community Chain on the platform of HashKey Global. The respective dual-channel backing improves flexibility for consumers. Hence, this allows a convenient interaction with decentralized and centralized financial environments.
Driving Seamless Merger of RWA Utility and Blockchain-Driven Innovation
HashKey Chain considers the integration with KuCoin as a key endeavor to merge the real-world utility as well as the blockchain-led innovation. By streamlining the asset flows and delivering unique staking options, this partnership displays both the entities’ commitment to improving the on-chain finance. Amid the evolution in the crypto sector regarding RWA applications, such collaborations lead to a relatively effective, liquid, and connected digital asset sector.
