Technicorum Holdings, an IT and service group specializing in digital assets and incubator of DeFi and NFT project KingSwap, today announced Gennix, a microlending protocol aimed at reducing financial inequality on the blockchain, has struck a strategic business partnership with DTC to integrate fiat-crypto payment for consumers.
“DTC is delighted to be a strategic partner to Gennix and potential future developments for the DeFi ecosystem,” its COO El Lee said. “DTC acts as a payment gateway and liquidity provider for Gennix users to convert between fiat and crypto. Onboarded users also get access to DTC’s compliant and secure wallet solution that complements the decentralized platform at Gennix.”
Gennix provides benefits for holders, stakers, lenders, and borrowers within the Gennix ecosystem. The strategic partnership with DTC offers a simplified fiat-crypto payment gateway for all Gennix users. This enables anyone to purchase or sell $GNNX Tokens to a stablecoin such as USDT, then convert it into fiat and participate in the Gennix ecosystem. DTC on-ramps and off-ramps integration on the Gennix platform offer quicker, secure, and reliable payments for the Gennix community.
“We have seen the greatest success when opportunity drives collaboration,” Gennix project director Keefe Tan said. “Gennix has identified the specific challenges that a partnership with DTC can solve. We have identified the pain points of our users, what worries them and how we can better serve our community.”
Shareholders are becoming increasingly deliberate about investing in projects based on their sustainability. Gennix provides investors options to convert fiat money into USDT, BTC, ETH, or other ERC20 tokens to purchase $GNNX tokens through its platform and other DEXs on Binance Smart Chain such as PancakeSwap. The on-ramp and off-ramp integration in Gennix platform allow investors to purchase and withdraw from as low as $200 to as high as $1 million in fiat directly from their local banks to the Gennix platform and vice versa.