Vannarith (Philip) Chhim: Skyvault and MetaShark establish strategic partnership to strengthen SocialFi, digital asset management and cryptocurrency exchanges in Asia June 1, 2024

Vannarith (Philip) Chhim:

Skyvault and MetaShark establish strategic partnership to strengthen SocialFi, digital asset management and cryptocurrency exchanges in Asia

June 1, 2024

In a groundbreaking move to reshape the digital landscape across Asia, Skyvault and MetaShark have signed a Memorandum of Understanding (MOU) to collaborate on a series of forward-thinking projects. This strategic partnership will focus on growing and expanding SocialFi, digital asset management and cryptocurrency exchange services in the growing Asian market.

Witness the signing ceremony:

Representative of Cambodia Blockchain Association,
Mr. Virakboth Yoeung, Chairman of the Blockchain Association, local newspapers and agencies.

Cooperation details:

Under the terms of the MoU, Skyvault and MetaShark will leverage their combined technological expertise and market presence to deliver cutting-edge solutions designed to meet growing demand. of digital consumers and investors in Asia. The collaboration will include three key focus areas:

1. Developing SocialFi:
– Skyvault and MetaShark will collaborate to create innovative SocialFi platforms that integrate social media functionalities with decentralized finance (DeFi) capabilities. These platforms aim to provide users with seamless, secure and rewarding social interactions, powered by blockchain technology.

2. Digital asset management:
– The partnership will enhance digital asset management services, providing users with powerful tools to manage and optimize their digital portfolios. This includes developing advanced analytics, secure storage solutions and AI-based investment strategies tailored to the Asian market.

3. Expanding cryptocurrency exchanges:
– In an effort to attract growing interest in cryptocurrencies, Skyvault and MetaShark will jointly develop and expand cryptocurrency exchange services. The initiative aims to provide a secure, user-friendly and regulatory-compliant platform for trading a variety of digital assets, specifically catering to the needs of Asian investors.

Leadership statement:

Dr. Philip Chhim, CEO of Skyvault, expressed enthusiasm for the partnership, saying: “This collaboration marks an important milestone for both companies. Combining our strengths, we are ready to bring unparalleled value to users and investors across Asia. Joint efforts in SocialFi, digital asset management and cryptocurrency exchanges will driving innovation and setting new standards in the digital economy.”

Mr. Richard Nguyen, CEO of MetaShark, echoed this sentiment and added: “We are delighted to partner with Skyvault on these exciting initiatives. The synergy between our companies will enable us to accelerate the development of transformative solutions that empower users and drive a more inclusive and dynamic digital financial ecosystem in Asia.”

Future prospects:

The MoU marks the beginning of a long-term strategic alliance between Skyvault and MetaShark. Both companies are committed to investing significant resources and expertise to ensure the success of their joint projects. This cooperation is expected to bring significant progress in the future.

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