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Blockchain-based crypto startup Morpheus Labs has announced via its official Medium blog a new strategic partnership with a recently founded crypto exchange ECXX.

Morpheus Labs is a Singapore-based crypto-related startup which is aim to develop a brand-new Blockchain-as-a-Service (BaaS) and App Marketplace in order to allow crypto traders fast and high-functional distributed ledgers.

Previously, Morpheus Labs succeeded to collaborate with big Chinese blockchain-platform VeChain (VET) to focus on creating node deployment, smart contracts back-end SDKs and front-end applications.

According to the announcement, ECXX will be leaded by the Co-Founder and Director of Morpheus Labs, Branson Lee.

Lee described the new collaboration as the next step in strengthening Morpheus Labs’ core offerings for its clients.

“We cannot neglect the fact that the world is moving towards asset tokenization that could top trillions in market size,” Lee said, commenting the partnership.

It’s said the exchange will be a concerted effort that will contribute to Morpheus Labs’ coffers at the end of the day.

ECXX is a Singapore-based newly created cryptocurrency exchange that provides a wide range of digital assets and designed both for pro-traders and retail investors.

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