We are excited to introduce Monerium as our new partner. Monerium has chosen LCX as its first partner and client to showcase their on-chain Digital Euro to the public. Monerium and LCX have signed a memorandum of understanding and agreed on a long-term strategic partnership. Behind closed doors both technology and management teams had been working on this collaboration for many months.
With this new partnership, we envision leveraging the legal and technology infrastructure of each other to provide new and enhanced services to our users.
With this strategic alliance, we aim to:
LCX users will soon experience a simple, fast and convenient way to deposit and withdraw Euro. The money gets issued by Monerium as tokenized digital Euro to the blockchain and will be added to the LCX users account instantly. Monerium is a licensed and regulated e-money institute.
Monerium is the world’s first company authorized to issue regulated e-money on blockchains. Monerium is making money smarter by bringing it to blockchains to support on-chain transactions of digital assets. On-chain settlements are programmable, take place within seconds, without intermediaries, and at the fraction of the cost of traditional payments. With Monerium, you can move money seamlessly between blockchains and existing payment networks and keep existing business relationships while building new ones on blockchains.
LCX AG is a company found in 2018 and registered in Liechtenstein No. FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider.
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