NEOPIN and Kana Labs Forge Strategic Partnership for Global Blockchain Expansion

Key Takeaways

• Kana Labs secured investments from Marblex and became a regular member of the Japanese Crypto Asset Blockchain Association, showcasing active engagement in the Japanese market.
• The collaboration between NEOPIN and Kana Labs is geared towards jointly pioneering business initiatives for the expansion of the DeFi ecosystem in Japan, with key focus areas including STO, RWA, and DeFi.

NEOPIN, a leading global CeDeFi (Centralized DeFi) protocol, proudly announces a groundbreaking partnership with Kana Labs, a distinguished UK-based blockchain infrastructure company. This collaboration marks a significant milestone in the joint mission to expand the blockchain ecosystem across key markets, including the UK, Japan, India, and other global regions.

Kana Labs, renowned for its expertise in providing consumer-friendly access to complex blockchain technologies, specializes in DeFi and GameFi (Game Finance). Offering a suite of services, including a B2B smart wallet for seamless inter-company transactions, a DEX Aggregator for decentralized exchange information, and gas fee subscription payment services, Kana Labs has positioned itself as a key player in enhancing blockchain accessibility.

The partnership between NEOPIN and Kana Labs is rooted in mutual support for technological advancements and service enhancements. Kana Labs, having secured an investment from Marblex (MBX) and becoming a regular member in the Japanese Crypto Asset Blockchain Association (JCBA), is well-poised to contribute to the collaboration’s success. Founded by individuals of Indian origin, Kana Labs brings a unique global expansion strategy to the partnership.

The collaborative efforts between NEOPIN and Kana Labs will focus on the Japanese market, leveraging Kana Labs’ JCBA membership. Key areas of collaboration include the expansion of the DeFi ecosystem, encompassing staking, STO (Security Token Offering), RWA (Real World Asset), and other decentralized finance components. Both entities express their commitment to exploring global ecosystem expansion by fostering collaboration between NEOPIN’s partners and Kana Labs’ clients and partners.

NEOPIN has been participating as a node validator for various blockchain networks such as Ethereum, Tron, Cardano, and Cosmos since 2017, accumulating expertise and technical knowledge in the space. Last year, NEOPIN launched the CeDeFi protocol, providing a secure and user-friendly decentralized finance (DeFi) platform. This year, NEOPIN was selected as a business to be supported by the Innovation Program of the Abu Dhabi Investment Office (ADIO) in the United Arab Emirates (UAE) and has attracted both direct and indirect investments. NEOPIN is also collaborating with Abu Dhabi Global Market (ADGM) in the UAE to develop the world’s first jointly created DeFi regulatory framework through public-private cooperation.

Ethan Kim, CEO of NEOPIN, highlighted the significance of leveraging Kana Labs’ exceptional technological capabilities and network to accelerate NEOPIN’s expansion efforts. “Our collaboration with Kana Labs aims to make a substantial impact, especially in the strategically targeted Japanese market. We are committed to reinforcing our recent initiatives and establishing a prominent presence,” said Kim.

Karthik Subramanian, Kana Labs’ CEO, echoed this excitement, emphasizing the immense potential of collaborating with major projects like NEOPIN. “Partnering with NEOPIN opens avenues for technological growth and broader market expansion. We are thrilled that NEOPIN recognizes the value of our knowledge and technology, and we express our gratitude for their acknowledgment,” said Subramanian.

About Kana Labs

KanaLabs is a cross-chain middleware that sits between the user/dapps on top and the complex blockchains at the bottom. We reduce the barriers of entry not just for users but also for devs and founders by providing access through our all-in-one SDK. For more information, please visit kanalabs.io.

About NEOPIN

NEOPIN is a CeDeFi protocol providing secure crypto asset management and DeFi access within a regulated environment. It offers a crypto super-app with non-custodial wallets for bank-level security, customer protection, and transparent transactions on public blockchains like Ethereum and L1s. NEOPIN is the first DeFi platform to engage with regulators in creating DeFi regulations and is a part of the Abu Dhabi Investment Office’s (ADIO) Innovation Programme, highlighting its commitment to shaping DeFi regulatory frameworks. For more information, follow NEOPIN on Twitter.