TenEX Collaborates With Sphere To Bridge CeFi And DeFi.
The post TenEX Collaborates With Sphere To Bridge CeFi And DeFi. appeared on BitcoinEthereumNews.com.
Today, TenEX announced a strategic partnership with Sphere. This alliance aims to improve the trading experience on TenEX’s platform and initiate a seamless connection between CeFi and DeFi. The first step in this collaboration is the integration with Sphere’s DEX platform. TenEX is a crypto payment platform that focuses on bringing traditional finance and cryptocurrencies, providing global users with ways to spend and manage crypto assets through cards and wallets. On other hand, Sphere (Sphere Finance) is a DeFi platform specialised for providing liquidity within the DeFi landscape. It has a native token, Sphere (SPHR) that allows investors to hold it for various financial reasons. 🚀 #TenEx x #Sphere(SPHR) Partnership: Bridging AI, SocialFi & DeFi! We’re thrilled to announce our strategic partnership with @SphereSPHR – the first AI-powered SocialFi crypto launchpad enabling seamless connections between EVM and non-EVM projects! 🌐 This collaboration… pic.twitter.com/TGkTKdS9o0 — TenEx (@TenEx_Official) March 22, 2025 Sphere liquidity offering With this collaboration, TenEX integrated its centralized crypto payment solutions with Sphere’s infrastructure to access decentralized trading through Sphere’s DEX platform. This partnership marks an important milestone in integrating CeFi with DeFi, demonstrated by TenEX linking its centralized crypto trading platform with Sphere’s decentralized exchange platform. Through this approach, TenEX has just introduced a DEX interface, a widespread solution that offers off-chain and on-chain trading assets and resources. TenEX users can now directly trade DeFi products through the integrated Sphere’s DEX app. Besides that, by trading on the Sphere platform, TenEX users are now able to trade newly list assets on DEXs before they are listed on CEXs. This gives users an early bird advantage, enabling them to grab market opportunities from the beginning. Also, the integration allows users to access deeper Web3 trading landscape through leveraging Sphere’s token Launchpad. Market expansion In addition, this partnership signifies a…
Filed under: News - @ March 23, 2025 3:14 pm