Blockchain Firm AllianceBlock Teams With London Stock Exchange Group Through Partner Platform

Blockchain, News | January 29, 2021 By:

Decentralized capital market AllianceBlock has signed an agreement to join London Stock Exchange Group’s (LSEG) Partner Platform.

The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product. Since its launch in late 2020, AllianceBlock has announced a long line of partnerships with leading platforms including Chainlink, Ocean Protocol, Injective Protocol, Orion Protocol, CertiK, and many more.

LSEG’s Partner Platform offers AllianceBlock access to unique go-to-market resources and to help it on its mission of creating the world’s first globally compliant decentralized capital market. Joining the Partner Platform enables AllianceBlock to reach institutional clients over LSEG’s Global Innovation Network, a purpose-built network infrastructure to support financial services transactions. It also offers LSEG’s connected client community of investment firms, sell-side brokerages, data and technology vendors the ability to access AllianceBlock directly over their existing connections to LSEG.

“This is a significant milestone in our journey to connect traditional financial actors and new digital asset classes,” said Amber Ghaddar, Founder of AllianceBlock. “The creation of this new world of opportunity hinges on ensuring all ecosystem players are permitted to act in trust and with transparency. LSEG is a world leader in global financial markets infrastructure and we are pleased to join their Partner Platform as we work to build the world’s first globally compliant decentralized capital market.”

Rachid Ajaja, CEO and Founder of AllianceBlock, said that AllianceBlock is filling a much-needed gap that has emerged in today’s global financial ecosystem following innovations we have seen over the past number of years.

“One of the greatest challenges to bridging institutional finance with the new digital asset class is ensuring that access to decentralized markets is trusted and secure and meets globally trusted industry standards,” said Ajaja. “Through the Partner Platform AllianceBlock is able to provide institutional financial markets participants with access to the new opportunities provided by our decentralized protocol that automates the process of converting any digital or crypto asset into a bankable product in a secure, compliant way.”