One of the largest blockchain projects in South Korea, ICON (ICX), has announced its strategic partnership with ‘Chain Partners,’ a blockchain fintech company to actively provide support for ICON and ICON DApps in using the Chain Partners OTC (Over-The-Counter) service, states the official press release that was shared with iHodl.
It is expected that the partnership will help vitalize the ICON’s DApp ecosystem by providing a high-performance cryptocurrency distribution channel to both ICON and ICON DApps.
In addition to that, ICON and Chain Partners are also planning to work together on the integration of ICX into Coinduck, a cryptocurrency payment service provided by Chain Partners. Once this integration is complete, ICX will reportedly be available for payment at both online and offline businesses affiliated with Coinduck.
The Council Member of the ICON Foundation, Min Kim, claims this partnership is the first step "towards cooperating with Chain Partners to take the lead in creating a healthy blockchain ecosystem beyond the vitalization of the ICON’s DApp ecosystem."
"ICON will expand the cooperation with Chain Partners, which is becoming a global blockchain fintech company, to various sectors in the future," he added.
Earlier, ICON announced its strategic partnership with ‘MixMarvel,’ a blockchain-based global game publishing company, to support ICON’s blockchain ecosystem expansion, states the official announcement.
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