Ethos, the leading provider of cryptocurrency wallet and enterprise blockchain solutions is partnering with ShapeShift.io, instant digital asset exchange, in an alliance designed to advance enterprise cryptocurrency exchange and deepen liquidity.
ShapeShift.io is a leading blockchain technology company. It operates several crypto products including ShapeShift.io, CoinCap, Prism and KeepKey. Its primary service, ShapeShift.io, is an online marketplace where users can buy and sell digital currency. The popular app enables users to safely trade Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and other major blockchain-based tokens and assets.
Transparency in financial ecosystem
This partnership will mean that ShapeShift.io users will be able to swap coins and securely exchange without having to go through any intermediaries. Instead, users will be able to initiate trades from their wallet with a direct settlement.
Ethos aims to create a financial ecosystem that is open, safe and fair for everyone by harnessing the power and autonomy that cryptocurrencies provide. The Ethos Universal Wallet provides a secure, self-custodied mobile wallet where the user is in control of funds at all times. Ethos Universal Wallet gives users the power to store, track, send and receive more than 100 tokens.
Beyond the consumer wallet service, Ethos plans to integrate ShapeShift as an offering in its Bedrock product and services. Bedrock is a sophisticated, high-performance API that makes blockchain protocols as accessible as internet protocols for businesses and institutions. Ethos and Shapeshift are taking a leap forward to offer exchange services and move towards building regulated, enterprise-ready service offerings that can service users and institutions globally.
In a press release CEO of Ethos, Shingo Lavine said “Ethos provides the infrastructure for a more robust digital economy that is truly easy to use and accessible to the average person. We want to partner with leading companies in the space to provide the best possible service while preserving the ideals and allure that cryptocurrencies hold.”