On Tuesday, Distributed Credit Chain (DCC) and Plug and Play China announced that DCC has joined the Plug and Play China’s “ecosystem” to drive the growth and development of the global fintech and blockchain industry.
According to the duo, Plug and Play China has helped over 200 startups rapidly scale into thriving entities all over the world. DCC reportedly joins the community on the heels of a recent completion of its crowd sale which reached nearly 14,500 ETH in 20 minutes, and an additional $26.2 million fund raised in two rounds of private sales in the form of cryptocurrency. While speaking about the partnership, Stewie Zhu, Founder and CEO of DCC, stated:
“DCC’s mission is to transform the financial industry with blockchain technology and realize global inclusive finance. By joining Plug and Play China, DCC’s strategic global expansion efforts will be accelerated, enabling us to further drive innovation in the fintech industry.”
Peter Xu, President of Plug and Play China, who spearheads the US and China cooperation, went onto add:
“Plug and Play exists to fuel innovation and offer startups an opportunity to unleash their full potential. We are excited to welcome DCC into our community, and together, we aim to drive the growth and development of the blockchain industry.”