Hong Kong, China, June 18th, 2024,
Chainwire
AnchorX, a Hong-Kong-Based
fintech company and stablecoin expert, is proud to announce the
signing of two Memorandums of Understanding (MOUs) in
Kazakhstan. This comes during its recent participation in the
Mainland-Hong Kong Joint Business Mission from May 16-25, 2024
visiting Hungary, Kazakhstan, and Xinjiang to explore partnership
opportunities along the Belt and Road (B&R) routes.
AnchorX was invited to join the mission
to leverage its expertise in stablecoin solutions, thereby
advancing technological innovation and the digital economy
alongside B&R partners. AnchorX plans to utilize its stablecoin
offerings, including the HKD-backed AxHKD, to facilitate
cross-border trade and business activities between Hong Kong and
B&R partner countries.
The first MOU is with the Astana
International Financial Centre Authority (AIFC Authority), the
regulatory body responsible for developing the AIFC as the leading
financial hub for Central Asia, the Caucasus, EAEU, and Western
China. The second is with Aral Petroleum Capital, one of the
leading oil and gas companies in Eastern Kazakhstan.
Conflux Network
provides AxHKD with its underlying technology and is currently
working with the Chinese government on the “Ultra-Large Scale
Blockchain Infrastructure Platform for the Belt and Road.” The goal
of the platform is to create a cutting-edge blockchain foundation
capable of facilitating deployment across multiple countries and
enabling collaborative supervision across various
domains.
About AnchorX
AnchorX is a Hong Kong-based fintech
company, with a vision to be the most trusted provider of digital
currency solutions in Asia. It has strategic backing from top-tier
financial and blockchain companies, including Hony Capital and
Conflux Network. AnchorX's flagship stablecoin AxHKD maintains a
1:1 HKD peg and is designed to facilitate cross-border transactions
and promote the integration of digital and traditional assets in
Hong Kong.
Users can learn more: https://www.anchorx.org/ or
https://twitter.com/AnchorX_Ltd
About Conflux
Conflux Network is a permissionless Layer 1 blockchain that
connects decentralized economies across borders and protocols. It
utilizes a hybrid PoW/PoS consensus mechanism to ensure a rapid,
secure, and scalable blockchain environment. With Conflux,
congestion is eliminated, fees remain low, and network security is
enhanced.
As the leading regulatory-compliant public blockchain in China,
Conflux offers a distinct advantage for projects seeking to enter
the Asian market. The platform collaborates with renowned global
brands and government entities in the region, driving blockchain
and metaverse initiatives. Notable partnerships include the city of
Shanghai, China Telecom, Little Red Book (China's "Instagram"),
McDonald's China, and Oreo.
Users can learn more: https://confluxnetwork.org/
Contact
Melissa
Tirey
melissa@shift6studios.com