Nash.io to list Elrond Assets on Fiat on-ramp, Payments & Exchange
- Following mainnet launch, Elrond will be listed on the Nash exchange.
- ERD will be tradeable against Bitcoin and USDC.
- Elrond assets will be available via Nash on both web and mobile platforms.
- In the future, Elrond will be available to purchase via Nash Cash, Nash’s own fiat ramp solution. It will also feature as a payment option through Nash Pay.
The native Elrond token will be available for trading on the Nash exchange soon after the imminent launch of its mainnet. ERD will be paired with Bitcoin and Coinbase’s stablecoin USDC. It will be available to any user of Nash’s non-custodial trading platform. Elrond commits to working closely with Nash to provide the compliance material, engineering support and liquidity required for ERD markets to be highly successful.
“We are very excited that the concrete actions we took more than one year ago to collaborate with Nash are finally coming to fruition. It’s great to see the effort Nash has been investing in refining their platform and user experience. By listing Elrond on Nash after mainnet launch, we intend to significantly increase access and exposure to Elrond, and also enrich Nash’s digital currency offering,” said Beniamin Mincu, Elrond CEO.
Elrond assets will also be made available via Nash on both web and mobile platforms, which offer simple, secure non-custodial wallets. Nash’s user-friendly interface will help onboard first-time cryptocurrency users into the Elrond ecosystem.
“I’ve been observing and supporting the development of Elrond closely, to the point where I am convinced that its imminent release will have a significant impact on the blockchain space. Elrond presents a viable blockchain scaling alternative. Integrating ERD is straightforward, given Elrond and Nash’s adherence to new industry-wide standards like Rosetta, in addition to the robust toolset with which Elrond has committed to provide our developers. This already paves the way for making even more Nash features available for the Elrond ecosystem,” said Fabio Canesin, Nash co-founder and Chief of Business.
Soon after becoming tradable on Nash’s non-custodial exchange, the ERD token should also be available via Nash’s upcoming fiat ramp solution, Nash Cash, further diversifying options for direct access.
In addition, the upcoming Nash Pay product will incrementally roll out support for all liquid markets running on Nash Exchange. This will allow users to make or accept payments in listed assets running on the Elrond blockchain. The platform’s seamless currency conversion service will enable businesses to receive fiat currency directly from users paying in Elrond-based assets. This further enhances the utility of our token and assets on the Elrond network listed on Nash.
About Nash
Nash is a platform that makes it simple and safe to invest in and trade cryptocurrencies. The decentralized cryptocurrency exchange lets you hold the keys to your assets at all times — and the speed and intuitive interface compete with the best centralized trading platforms. By combining revolutionary technology with expert design, Nash is bringing cryptocurrency to everyone.
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
