PlasmaPay Announces Partnership with Bridge Mutual
PlasmaPay is delighted to announce its partnership with Bridge Mutual, whose vision is to offer decentralized insurance for everyone. We believe this vision ties in beautifully with PlasmaPay’s mission of bringing DeFi to the masses, and we expect there are many areas of shared interests our two companies can work on together in the future.
In the immediate term PlasmaFinance users will be able to directly fund or provide liquidity to Bridge Mutual via the PlasmaFinance dashboard. At the same time, Bridge Mutual has pledged to provide additional layers of security to the PlasmaPay ecosystem.
Speaking about the partnership Mike Miglio, CEO of Bridge Mutual said:
“The main focus of our partnerships is to increase the overall safety of the DeFi space by encouraging users to protect each other. Partnering with Plasma Pay was strategic in that users will be able to easily purchase or provide insurance directly from the Plasma Finance app where they manage all of their assets. In turn, we will make sure that Plasma Pay has an insurance pool ready to go for our launch event.”
Ilia Maksimenka, CEO of PlasmaPay said:
“This partnership will give both organizations the ability to expand operations into the other’s platform, a net benefit for two strong projects looking to optimize the DeFi market as a whole. More so, ease of use and access to insurance ultimately benefits users. By working together, Bridge Mutual and Plasma Finance take DeFi a step forward towards more reliable financial services on the blockchain.”
About PlasmaPay
PlasmaPay is a global digital payment platform enabling seamless entry into decentralized finance. It’s mission is to Democratize the DeFi market by creating an all-in-one solution for both novice and experienced crypto/blockchain users. PlasmaPay provides industry leading UX, crypto/fiat wallets and fiat on/off ramp services to more than 100,000 cryptocurrency users from over 160 countries via mobile and desktop apps.
Contact PlasmaPay
Telegram: https://t.me/plasmapay_community
Twitter: https://twitter.com/plasma_pay
Discord: https://discord.com/invite/xjQg982
Medium: https://medium.com/plasmapay
Official website: https://plasmapay.com/#
About Bridge Mutual
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, as well as get compensated for taking part in the ecosystem. Having vastly oversubscribed in its private sale, Bridge Mutual’s token, $BMI, is primed to have an explosive TGE on January 30th, 2021.
You can find more information on Bridge Mutual at:
Website: https://www.bridgemutual.io
Telegram: https://t.me/brige_mutual
Twitter: https://twitter.com/Bridge_Mutual
