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iFinex's New Partnership Provides Liquidity Opportunities From Bitfinex to DeFi Blockchains
Summary: Crypto parent company iFinex announced today that it would be partnering with pNetwork, a network that will allow cryptocurrenncies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) to be tokenized as pTokens and made compatible with DeFi blockchains via iFinex's crypto exchange Bitfinex, according to AMBCrypto. The pTokens (listed as pBTC, pETH, pLTC, and others) ...
Crypto parent company iFinex announced today that it would be partnering with pNetwork, a network that will allow cryptocurrenncies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) to be tokenized as pTokens and made compatible with DeFi blockchains via iFinex's crypto exchange Bitfinex, according to AMBCrypto. The pTokens (listed as pBTC, pETH, pLTC, and others) will be directly usable on Ethereum and EOS DeFi networks, so users can access those networks without having to trade their crypto holdings first.
iFinex's non-custodial exchange eosfinex, which launched its beta version earlier in October, will list the pTokens and will be responsible for the increased liquidity from Bitfinex to EOS networks that iFinex's partnership will provide.
By Isaac Goluboff
Tags: Bitcoin,Bitfinex,BTC,DeFi,EOS,ETH,Ethereum,ifinex,Litecoin,LTC
Link: iFinex's New Partnership Provides Liquidity Opportunities From Bitfinex to DeFi Blockchains [Copy]
