$ZPAS Zoompass Subsidiary Signs Agreement to Launc
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Posted On: 09/16/2021 12:31:00 PM
$ZPAS Zoompass Subsidiary Signs Agreement to Launch InfyDx Crypto Exchange, Receiving $350,000 USD in Implementation Fees and a 50% Revenue Share
Zoompass Holdings Inc. (OTCQB:ZPAS) ("Zoompass" or "Company"
is pleased to announce that its subsidiary, Blockgration Global Corporation has signed a strategic partnership agreement to launch a global crypto currency exchange with Rockwood Digital Assets Inc. ("RDA" that will provide industry leading crypto exchange trading features for their diverse customer base.
The partnership's initial focus will be on Business-to-Business (B2B) solutions using our crypto exchange platform ("InfyDx.com" or "InfyDx" , providing a white label solution that will be initially launched in the EU. Integration with our advanced Fiat wallet, prepaid card platform, as well as onboarding and offboarding services utilizing the Company's global KYC and AML services, provides Rockwood Digital Assets a robust, secure, and fully integrated global solution to support RDA's mission of marketing turnkey solutions to its customers.
The secondary focus will be in the Business-to-Consumer (B2C) vertical, where InfyDx will provide Rockwood Digital Assets with an enhanced, secure capability to facilitate responsive Bitcoin (BTC) transactions to high-net-worth individuals, corporations, and institutional investors looking to purchase large blocks of BTC in a secure and compliant environment.
Under the terms of this agreement, the Company will receive a one-time customization and implementation fee of $350,000 US Dollars and enter into a 50/50 revenue share from the InfyDx exchange with RDA. The InfyDx crypto exchange is currently undergoing in-region testing and security integrations with a target launch for later in 2021.
"Our corporate clients need a complete, secure, compliant solution to offer their customers. This agreement marks a significant step forward for Rockwood Digital Assets and our goal of enabling our partners to succeed in the crypto exchange marketplace through a robust suite of technology and services using blockchain in a fully integrated platform", says Timothy Harrington, Director - Rockwood Digital Assets. "This best-in-class crypto exchange leverages the Zoompass blockchain technology platform, and its ecosystem of integrations and relationships, allowing us rapid time-to-market with a full featured and compliant crypto exchange."
https://finance.yahoo.com/news/zoompass-subsi...00419.html
Zoompass Holdings Inc. (OTCQB:ZPAS) ("Zoompass" or "Company"
is pleased to announce that its subsidiary, Blockgration Global Corporation has signed a strategic partnership agreement to launch a global crypto currency exchange with Rockwood Digital Assets Inc. ("RDA" that will provide industry leading crypto exchange trading features for their diverse customer base. The partnership's initial focus will be on Business-to-Business (B2B) solutions using our crypto exchange platform ("InfyDx.com" or "InfyDx"
, providing a white label solution that will be initially launched in the EU. Integration with our advanced Fiat wallet, prepaid card platform, as well as onboarding and offboarding services utilizing the Company's global KYC and AML services, provides Rockwood Digital Assets a robust, secure, and fully integrated global solution to support RDA's mission of marketing turnkey solutions to its customers. The secondary focus will be in the Business-to-Consumer (B2C) vertical, where InfyDx will provide Rockwood Digital Assets with an enhanced, secure capability to facilitate responsive Bitcoin (BTC) transactions to high-net-worth individuals, corporations, and institutional investors looking to purchase large blocks of BTC in a secure and compliant environment.
Under the terms of this agreement, the Company will receive a one-time customization and implementation fee of $350,000 US Dollars and enter into a 50/50 revenue share from the InfyDx exchange with RDA. The InfyDx crypto exchange is currently undergoing in-region testing and security integrations with a target launch for later in 2021.
"Our corporate clients need a complete, secure, compliant solution to offer their customers. This agreement marks a significant step forward for Rockwood Digital Assets and our goal of enabling our partners to succeed in the crypto exchange marketplace through a robust suite of technology and services using blockchain in a fully integrated platform", says Timothy Harrington, Director - Rockwood Digital Assets. "This best-in-class crypto exchange leverages the Zoompass blockchain technology platform, and its ecosystem of integrations and relationships, allowing us rapid time-to-market with a full featured and compliant crypto exchange."
https://finance.yahoo.com/news/zoompass-subsi...00419.html
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