‍Through this strategic partnership, $BKN will now be available on the TransFi platform. This means that users across the globe can easily purchase, sell, and trade $BKN tokens directly through TransFi’s secure and efficient interface.

By integrating $BKN into their platform, they are significantly expanding their reach and making it simpler for a global audience to engage with our token.

Brickken has partnered with TransFi to enhance accessibility for $BKN holders and potential investors. This collaboration allows $BKN to be easily accessed, traded, and utilized on TransFi’s platform, which supports multiple cryptocurrencies and fiat currencies. The partnership offers several benefits for Brickken users, including global reach, improved liquidity, and a user-friendly interface for managing $BKN transactions. Brickken and TransFi plan to continue developing initiatives to integrate blockchain technology into everyday financial activities, with a long-term vision of expanding tokenization services and enhancing $BKN’s functionality and accessibility in the global market.

About Brickken

Brickken is leading the rapidly emerging Real World Asset (RWA) tokenization Space. Its Digital Asset Suite enables businesses to Create, Sell, and Manage Digital Assets backed by RWA’s. Their technology has greatly enhanced how businesses access global capital thanks to lower barriers, decreased costs, and enhanced transaction speed. Simultaneously, investment opportunities are reaching a more democratized state through fractionalization of assets & global compliance features.

The Digital Asset Suite also enables seamless dividend distribution, financial reporting, investor management, and voting functions, expanding its range of Clients to Institutions, Asset Managers, and Banks.

‍To date, Brickken has tokenized over +$200.000.000 across 14 jurisdictions and acquired a TVL of over +$10.000.000, placing it among the top 20 biggest service providers in the Blockchain Ecosystem. By partnering up with Chainlink, Cointelegraph, and over +100 other service providers globally, users gain access to a comprehensive network that aims to unlock the full potential of tokenization.

‍Website | Twitter

About TransFi

TransFi’s purpose is to power the world’s payments, helping businesses and individuals access better ways to move money. Combining industry-leading coverage of currencies and payment methods, we deliver compliant payouts, collections, and treasury services across Asia, Europe, LatAm, Africa, and North America. In our pursuit to advance economic prosperity through borderless finance,

Cross-border payments are found to be expensive, time-consuming, unpredictable and poor user experience. For small and medium-sized businesses, especially in the technology and services sectors, or those dealing with counterparties in Asia, Europe, and Africa, the experience is even more difficult.

TransFi’s enterprise-grade, developer-friendly platform quietly transforms this problem —making cross-border payments faster, less expensive, and more reliable than ever. With a single integration, our clients get access to 100+ countries in 30+ currencies for real-time payments into and out of their bank accounts.

‍Website | Twitter

SOURCE:
https://www.brickken.com/en/post/brickken-x-transfi-partnership-announcement

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By integrating with TransFi, they’re unlocking a wealth of new value for the AppChains product, equipping their clients with a powerful feature within their dApp or business that will attract the non-crypto experienced user base. With seamless fiat onramp /offramps, Ankr AppChains will empower their clients to build in a way that removes the barriers to entry which have hindered widespread adoption of Web3, enabling a smooth transition for new blockchain users, resulting in steady, consistent adoption of crypto over time.

What Does the TransFi Feature Mean for AppChains?

Ankr’s partnership with TransFi means that all AppChain projects now have an optional feature available to improve their Web3 application experience: a built-in fiat onramp and offramp solution. Fiat onramps allow Web3 app users to convert traditional fiat currency, such as US dollars, Euros, and Yen, into cryptocurrency, letting them skip the process of buying tokens on an exchange and potentially transferring them multiple times.

Benefits for AppChain Clients

Improving ROI for Enterprises

Having a fiat onramp/offramp solution greatly improves the ROI of Web3 projects for Ankr AppChain clients:

• Expands Token Liquidity: Fiat onramps offer more avenues for purchasing tokens. Even if an AppChain client’s token is not widely listed on centralized exchanges like Coinbase or decentralized exchanges like Uniswap, the fiat onramp provides a readymade first stop for all AppChain users. Having the token readily accessible offers greater liquidity with the potential to boost trading volume, TVL, and price stability from the beginning.
• Provides Regulatory Compliance: TransFi provides a robust KYC solution that includes instant identity verification and extensive screening to mitigate fraud, meet government regulations, and offer safer experiences.

• Enhances Multichain App Utility: TransFi allows AppChain clients to create apps, such as new DeFi protocols, that allow users to purchase all kinds of tokens – not just their native token. That includes BTC, ETH, MATIC, DOT, and many others.

Benefits for AppChain End Users

Saving Users Time, Effort, and Money

TransFi makes users’ lives easier by creating the fastest way to purchase native AppChain tokens so they can begin interacting with Web3 apps immediately. Furthermore, users can avoid all of the extra processes and fees associated with purchasing tokens on an exchange, transferring them to another wallet, and then finally sending them to the AppChain wallet.

Making Web3 Applications Extremely User Friendly

The TransFi fiat onramp feature allows users to connect the most popular payment options unique to their home countries and use them to purchase tokens. With over 140 countries supported, TransFi allows users from all types of economies to use payment methods that are convenient for them.

Making Life Easier Even for Experienced Web3 Users

Just because you are well-versed in Web3 experiences doesn’t mean you’ll want to go through all the additional processes and gas fees associated with finding and purchasing tokens on an exchange and then deploying them on an application. The TransFi integration offers an easy way to purchase tokens while still letting advanced users send them to other wallets or blockchains as they wish.

About Ankr AppChains

The Ankr AppChains product is about empowering enterprises and Web3 applications to reach millions of new users by improving the technology and user experience behind them.

About TransFi

TransFi was founded in 2022 to enable Web3 access to the next billion users in Emerging Markets. We offer fiat-to-crypto onramp and offramp solutions with easy user experience, in local payment methods, with great conversion rates and at the lowest processing fees. Our world-class team of Crypto OGs, Payments professionals and Tech Gurus provide online & offline merchants with convenient acceptance of both fiat & crypto and makes crypto products accessible to all users.

SOURCE:

https://www.ankr.com/blog/transfi-fiat-onramp-enabled-for-ankr-appchain-clients/

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