• A new partnership has just been revealed between the Litecoin Foundation and BlockFi to help push the awareness of BlockFi-rsquo;s range of products.

  • The new collaboration somewhat came out of the blue with the foundation citing that the two would be producing more and more options and liquidity opportunities.-


A new partnership has just been revealed between the Litecoin Foundation and BlockFi to help push the awareness of BlockFi-rsquo;s range of products that helps users on Litecoin with more options such as earning interest on and borrowing against their LTC.


The new collaboration somewhat came out of the blue with the foundation citing that the two would be producing more and more options and liquidity opportunities.-



For those that don-rsquo;t know, BlockFi is a cryptocurrency lending startup. As it says on its website, BlockFi -ldquo;provides the wealth management products cryptoinvestors need, all powered by blockchain technology.-rdquo;


Foundation Project Director, David Schwartz, has spoken on the project, saying the following:



-ldquo;By partnering with BlockFi, the Litecoin Foundation recognizes its positive contributions and the suite of products they provide customers. BlockFi provides our community, one of the most active in crypto, with even more quality choices of where to place their digital assets.-rdquo;



Zac Prince, the CEO and Founder of the lending firm also commented on the new partnership between the two companies, Prince said that this whole thing was a -lsquo;win-win-rsquo; for both Litecoin and BlockFi.-



-ldquo;We-rsquo;re excited to support Litecoin across BlockFi-rsquo;s platform and welcome the Litecoin community to use our unique suite of products across earning interest, trading and collateralized loans -ndash; at the best rates in the market from a trusted service provider.-rdquo;



It will be interesting to see how this situation plays out and how this collaboration works out for the two firms. For more news on this and other crypto updates, keep it with CryptoDaily!




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