[Hong Kong, 27th August 2024] – Coinweb, a leading Layer 2 interoperability platform, is excited to reveal its integration with Voy Finance, a pioneer in tokenised trade finance. This partnership marks a significant step toward reshaping global trade finance through blockchain technology.
Voy Finance will leverage Coinweb’s advanced cross-chain solutions to enable seamless cross-chain token issuance, routing, and load balancing across multiple Layer 1 blockchains. Additionally, Coinweb’s gas fee abstraction technology will reduce costs and improve UX for Voy Finance users, enhancing accessibility for SMEs and supporting sustainable finance initiatives.
“We’re thrilled to partner with Coinweb to transform the trade finance space,” said Lee Tarone, CEO of Voy Finance. “Coinweb’s cross-chain capabilities allow us to bring unprecedented efficiency and cost savings to our platform, while advancing our ESG goals.”
Voy will utilise Coinweb’s wallet library and marketplace integration, offering users enhanced functionality and the ability to make fiat payments in key markets. This partnership further enables Voy Finance to provide global market access and real-time performance monitoring for tokenised trade finance assets, unlocking new opportunities for businesses and investors.
“Voy Finance’s vision aligns perfectly with Coinweb’s mission of delivering real-world blockchain utility,” said Anton, CMO at Coinweb Labs. “Together, we’re driving the future of decentralised trade finance.”
This collaboration highlights Coinweb’s commitment to enhancing real-world asset tokenisation and DeFi integration across the blockchain space.
About Voy Finance
Voy Finance bridges traditional trade finance with DeFi, offering tokenised solutions to improve liquidity and accessibility for SMEs. Focused on ESG principles, Voy enables businesses to tokenize assets, access global liquidity, and drive sustainable trade finance.
About Coinweb
The Coinweb Protocol is a groundbreaking Layer 2 cross-chain computation platform that uniquely combines Scalability with Interoperability, setting new standards in the blockchain industry. It enables the seamless operation of decentralised applications across multiple blockchains, effectively merging them into a unified ecosystem. This innovative approach empowers developers to leverage the strengths and functionalities of each blockchain, optimising performance and versatility.
About Coinweb Labs
Coinweb Labs is the main contributor to the Coinweb protocol as well as a design and build consultancy specialising in creating custom-built solutions for decentralised applications. With a focus on innovation and collaboration, Coinweb Labs is dedicated to accelerating the development of projects within the Coinweb ecosystem.