Zug, April 13, 2021 — Occam.fi, the first full-stack DeFi layer for Cardano, is announcing a strategic partnership with leading digital asset trading venue Bitcoin.com Exchange. OccamRazer, the first fully available feature of the Occam.fi ecosystem, is set to launch in the coming days. But to date, no adequate cross-chain liquidity bridge has served the Cardano ecosystem — a problem Occam.fi and its partners are now in a position to solve.
OccamRazer provides new opportunities for projects building on Cardano to raise capital in a distributed fashion, powered by decentralized liquidity pools. Instrumental to unlocking Cardano’s on-chain liquidity potential to power this solution is the ability to move liquidity from other blockchains to Cardano.
To power Cardano-to-Ethereum interoperability, Bitcoin.com will extend its custodial facilities to the Occam.fi ecosystem, facilitating the first Cardano-to-Ethereum cross-chain liquidity bridge.
Danish Chaudry, CEO of Bitcoin.com Exchange, said:
“We are excited to move into the emerging Cardano DeFi market alongside the Occam.fi team. Cardano and its community have long awaited the arrival of sophisticated DeFi tools and liquidity solutions, and through the next-generation Bitcoin.com Exchange and OccamRazer, we are finally poised to deliver.”
Mark Berger, president of the Occam Association, said:
“This is one of the first steps in our vision of creating a truly flourishing DeFi ecosystem for the Cardano blockchain. We are laying the foundations for a self-sustaining platform that will last and serve the Occam.fi and Cardano communities for many years to come. Instrumental to delivering this vision is strategic partnerships with providers such as Bitcoin.com Exchange, who we look forward to delivering the first cross-chain bridge for Cardano with.”
Any native token released on Cardano that is launched through the OccamRazer platform can be switched to ERC-20 and vice-versa using the intuitive and easy-to-use interfaces of the Bitcoin.com Exchange. This will provide similar functionality to that of Binance Smart Chain, where the destination chain is Cardano, allowing easy asset swaps and the seamless transfer of liquidity from one blockchain to another.
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The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more on www.occam.fi.
About Bitcoin.com Exchange
The mission of Bitcoin.com Exchange is to empower people from all over the world to trade cryptocurrencies with ease and confidence, from first-time traders to advanced trading professionals. With high liquidity, 24/7 multilingual support and more than 195 trading pairs, complemented by a high level of security, we offer an attractive platform for trading any cryptocurrency. Our Analytics Dashboard facilitates keeping an eye on the markets without losing track of important news or social media announcements, while our Margin Trading desk allows traders to increase their profits. We constantly work toward improving our trader experience and adding new exciting features and assets to our platform.
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