E Money Network and Chorus One’s Partnership Seeks to Simplify Crypto Staking
It is a great pleasure for us to announce that E Money Network has partnered with Chorus One, a leading institutional staking provider operating on 50+ Proof-of-Stake networks including Ethereum, Solana, and Cosmos among others. This strategic partnership aims to empower E Money wallet users with seamless access to Chorus One’s high-yield staking services, enabling them to maximize their crypto holdings’ earning potential, and for Chorus One to further leverage opportunities presented by RWA tokenisation.
More Users for Chorus One; More Use Cases for E Money Network
E Money Network is a MiCA-compliant L1 blockchain with a modular RWA protocol that functions as a foundational platform for RWA and new-generation applications. Chorus One believes in the potential of RWA ecosystem and tokenisation and hence, partnering with a leading MiCA-compliant RWA ecosystem like E Money Network that supports innovation, is an advantageous move. This partnership will enable Chorus One to tap into the opportunities presented by RWA tokenization while ensuring compliance.
For E Money Network, the integration of Chorus One’s staking services into the E Money wallet will enable its users to effortlessly stake their digital assets and earn attractive returns while maintaining the flexibility to access their funds as needed. Chorus One’s OPUS SDK, a powerful and secure ETH staking solution, enables institutions to seamlessly integrate staking services into their products and offer staking to their customers.
This integration not only diversifies the services available to E Money users but also reinforces the network’s position as a chain that supports interoperability. Furthermore, it aligns with E Money Network’s aim of bridging the liquidity divide between Web 2.0 (real world assets on chain) and Web 3.0 (crypto assets) by facilitating liquidity for staked crypto assets as well.
For Chorus One, this partnership provides it access to a wider user base, allowing it to expand its reach and solidify its position as a leading provider of staking solutions. The E Money Wallet also enables new users to access functionalities such as IBAN on-chain, multi-chain support and effortless on-off ramping.
Enhanced Emphasis on Regulatory Compliance and User Trust
Both E Money Network and Chorus One have compliance at their core. E Money Network has KYC and AML modules integrated at infrastructure level to ensure compliance at every step.
With their commitment to ensuring MiCA-compliant operations, E Money Network and Chorus One’s alliance will provide their users with a secure and compliant platform for staking their crypto assets. This assurance of regulatory adherence is crucial for developing user trust in an industry that is rapidly evolving and requires a delicate balance between innovation and responsible governance.
Alliance Fostering Compliance and Innovation in Crypto Staking
The collaboration between Chorus One and the E Money network represents a significant milestone. By combining Chorus One’s expertise in liquid staking with E Money network’s commitment to regulatory compliance and user trust, this partnership paves the way for a seamless and rewarding staking experience for the crypto community. As the crypto industry continues to evolve, this strategic alliance serves as a testament to the power of collaboration and the shared vision of driving innovation while prioritizing user security and trust.
