CRO tokens are currently trading at 12.3 US cents each (17 cents), down about 77% year-to-date.
Photo: Cake DeFi
Decentralised finance (DeFi) platform Cake DeFi has launched its business-to-business (B2B) vertical Cake DeFi Enterprise. It seeks to offer enterprise-grade DeFi solution,with plans to launch services such as liquidity mining, token swaps and lending in the initial phase followed by a suite of other services.
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“Our new B2B vertical Cake DeFi Enterprise supports the Singapore government’s direction on digital asset innovation. We are committed to building the B2B digital asset infrastructure and uplifting Singapore’s blockchain ecosystem to drive innovations in fintech,” says Cake DeFi chief technology officer and co-founder U-Zyn Chua.
Photo: BigPay
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Airline operator Capital A’s fintech unit BigPay has partnered with a Monetary Authority of Singapore (MAS) licensed crypto payment gateway TripleA to allow its users to top-up their debit cards with cryptocurrencies. The partnership enables BigPay users to convert their crypto assets into cash to spend using their BigPay debit cards.
The cryptocurrencies currently accepted for the top-up are Bitcoin, Ethereum, USD Coin, and Tether. BigPay has also recently added three new services to its Major Payment Institution license issued by the MAS for account issuance service, domestic money transfer and e-money issuance service in Singapore.
