Credefi and Creditcoin join forces to unite traditional finance and decentralized finance

Not a day goes by without the field of real-world assets (RWA) taking new steps and launching innovative products or services.

It remains one of the most exciting fields in the industry and now two popular projects are forging an important partnership.

RWA, power Believe itwhich aims to facilitate real-world impact by delivering fair and accessible lending solutions to SMEs, is partnering with Creditcoin, a multi-chain lending infrastructure protocol that powers the development of RWA and yield-generating products.

Expanding Horizons

Credefi’s move aims to integrate the Creditcoin network in a bid to provide its users with streamlined access to its nft bonds and a host of other innovative derivative instruments.

Regarding this, the team said:

By leveraging the strengths of both platforms, we are taking a major step forward in bridging traditional finance and decentralized finance. This collaboration will help us create a more integrated and unified financial ecosystem, offering greater opportunities and benefits for all users.

The move expands the scope of Credefi’s offering, but the partnership works both ways and also strengthens the financial tools available to Creditcoin’s broader user base.

A symbiotic relationship

Credefi has made it its mission to bridge the debt financing gap in the European Union while facilitating real-world impact by providing accessible (and fair) lending solutions for small and medium-sized enterprises (SMEs).

As CyrpotPotato recently reported, the team completed the first distribution of revenue among its token holders.

Credefi is the first team in the blockchain industry to secure a massive collaboration with credit agency heavyweight Experian.

On the other hand, Creditcoin presents a multi-chain credit protocol designed to power real-world assets. In essence, it provides developers with tools to build their RWA credit operations on a protocol that is backed by multiple networks and is designed to provide trust, transparency, and auditability.

We are excited about the potential of this partnership and look forward to the positive impact it will have on the industry,” said the Credefi team.

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