Pundi X, a platform self-described as one “harnessing the power of blockchain technology to make a more secure and inclusive world,” has revealed that it will now support Wanchain’s cross-chain assets with its own infrastructure, a press release from the group notes.
This support will reach across all XPOS devices, the release notes, with assets like WAN, WBTC, WEOS, and WETH added to the point-of-sale devices offered by Pundi X. That, and the 700,000 users that take advantage of the platform’s XWallet will also enjoy support for these assets.
The Wanchain Foundation – the team behind the WAN token and this entire platform, is looking to expand the world of decentralized finance to make it more accessible. They plat on having a network full of assets that are interoperable, allowing for a variety of clients to take advantage of them.
Jack Lu, the CEO and founder of Wanchain, spoke on the matter, stating:
“It’s the first time in history that we’re seeing decentralized proxy-token forms of Bitcoin, Ethereum, and EOS easily tradable across different networks,” he said. “Considering also factors such as the COVID-19 pandemic and concerns over global economic inflation, we really feel that now is the time for cryptocurrency to take center stage.”