Fantom , a fast and scalable distributed ledger platform based on DAG technology, announced to collaborate with binance chain to create a multi asset cross chain ecosystem.
According to Fantom foundation, Binance DEX is one of the most user friendly decentralized exchanges, and the platform want to offer the community a good chance to transact and trade FTM while being in custody of their own tokens.
The platform also claims that, the reason for choosing Binance Chain is the increasing trend of great projects moving towards Binance Chain . Binance and Binance Chain are in a rare position of having the strongest centralized exchange and liquidity on one end, and a very cohesive decentralized ecosystem.
Store coins yourself. You fight hackers yourself, and guard from losing wallet yourself. Computer breaks, USBs gets lost. Store on an exchange. Only use the most reputable, proven secure, exchanges. Or move to DEX, disrupt ourselves.’’ ~Changpeng Zhao, CEO of Binance
Furthermore, In the month of May and June, Fantom will focus on the interoperability aspect of their ecosystem, starting with their DCRM partnership with Fusion, and partnership with Binance Chain.
Fantom foundaions also states that, in the coming weeks and months we may see more information about activities in Dubai, some new concepts to push for a more tightly-knotted community, and usual technical updates.