Recent partnerships — Xangle, Liquid Global and Peak partner with Klaytn, DXM partners with Ground X

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KlaytnCommunity

5 min readMay 25, 2020

We’ve been spoiled with four partnerships lately! In this post, we’ll take a closer look at each of them and summarize what they’re all about. You’ll find that these partnerships were skipped from public release by Klaytn’s official Medium and Twitter, though we have confirmed their legitimacy with the team.

Klaytn and Ground X consistently aim for business partnerships that make sense and are mutually beneficial, foster long term ecosystem growth, and accelerate Klaytn toward its goal of blockchain mass adoption.

A regularly updated overview of all Klaytn Ecosystem, Initial Service and BApp Partners has been published Klaytn’s official website. The Klaytn partners contribute to building a stable blockchain ecosystem and improving the Klaytn platform to provide the best blockchain experience for our users.

Klaytn x Xangle

First up is the Xangle partnership. Xangle is a global crypto disclosure platform that works with top industry partners like Tezos, Dash, Cosmos, etc. in order to promote and increase transparency in the blockchain space. For a more in-depth overview of Xangle’s mission and services, please check the respective web page.

Klaytn is a verified partner of Xangle, which means an official representative of Ground X has verified or submitted all of the off-chain data, confirming its completeness and accuracy. On-chain data comes directly from the blockchain with metadata provided by Xangle. Aside from On-chain data, Xangle provides ‘Recent Disclosures’ for crypto projects to voluntarily publish essential and time-sensitive information to the public. This partnership, as well as the partnership with Peak and Liquid Global have been disclosed via this platform.

Klaytn’s onchain data analytics can be viewed here, and there’s even an interesting tool that allows you to compare Klaytn’s data with that of other major crypto’s.

Klaytn x Liquid Global

Klaytn’s native crypto $klay recently got listed at Liquid’s USDT market, soon after it was already trading with a BTC pair. This partnership was co-announced via Xangle.

Klaytn x Peak

PEAK is a South-Korean app player developer that enables users to enjoy mobile games on their desktop. It implements a unique game platform by integrating reward distribution, identity verification as well as a security system leveraging blockchain technology and brings that to existing app players.

PEAK has a Play Store and One Store, much like the Google Play Store. The app allows people to play mobile games on their PC — which increases performance, saves battery and device life! Give your smartphone a break, as they say.

This partnership was announced via Xangle.

Ground X partners with DXM

On May 25th, DXM announced it had partnered with Ground X. This article was originally released via Naver Financial News in Korean. We took it upon ourselves to provide our community with a translated version.

The Article

Kakao’s blockchain subsidiary Ground X and DXM, a cryptocurrency financials subsidiary of South-Korean fintech firm Dunamu — the operator of South-Korean cryptocurrency exchange Upbit — will collaborate on a virtual asset study (three-party trust-type cryptocurrency management) service.

Blockchain-based virtual asset services start-up Dunamu is focusing on discovering blockchain-based and digital asset-based services while meeting the qualification requirements for virtual asset operators. With DXM, which was established as a subsidiary in June last year, Dunamu is expanding digital financial asset services for companies active in the investment space, i.e. institutional investors. The recent growth of so-called DeFi apps (Decentralized Finance) has paved the way for increased focus on digital asset management. DeFi is a form of financing that combines blockchain and virtual assets with existing financial services such as money transfers, payments, and loans.

Under the banner of ‘Blockchain for Finance’, DXM runs ‘ Trinito ‘, a personal wallet for virtual assets based on smart contracts (conditional automatic contracts), and ‘Upbit Safe’, a digital asset custody service with technology support from Ledger Vault for companies and institutional investors. To this end, DXM is strengthening security solutions such as blockchain-based multi-signature technology and distributed cold wallets (offline wallets).

In addition, DXM has started partnered with Kakao’s blockchain subsidiary Ground X for a virtual asset study service. DXM will provide virtual asset storage and transfer services based for Klaytn based applications (BApp & Initial Service Partners) while helping to build infrastructure to increase transaction efficiency and transparency.