Web3 is rapidly changing, the centralized exchange and decentralized infrastructure providers are now joining forces to help connect Traditional Finance with DeFi. As part of this development and to strengthen its ecosystem, iFlux Global has partnered with HPX, a leading provider of Web3 wallet services. The collaboration will change how users interact with digital assets by providing high-level wallet security and offering real-world utility through advanced crypto card functionality.
Bridging the Gap Between DeFi and Daily Transactions
HPX has developed a strong reputation in the blockchain industry and provides a premier Web3 wallet infrastructure serving over three million active users globally. HPX’s support for more than 10,000 decentralized applications (DApps) is one of its major assets that contributes to the iFlux ecosystem. With integrated HPX infrastructure, iFlux Global is evolving from its essential function of being an exchange for cryptocurrency into a functional and evolving gateway for users to access the broader DeFi ecosystem.
The integration is not technical only; it also has a documented history of being able to integrate securely. HPX has 8 years of experience with no security violations; therefore, this is unique to an industry which has many security exploits every year. With this alliance, all iFlux users will be able to easily transition from exchange services to using self-custodial wallets while keeping the security standard expected after 8 years of use.
White-Label Solutions and Real-World Utility
With this partnership, HPX now provides white-label cryptocurrency card solutions. Through HPX’s services, customers can make purchases using either physical or virtual cards; thus, companies like iFlux can give their customers a quick and convenient method of spending cryptocurrency at any one of millions of merchants globally. These cards facilitate the conversion of a digital asset to the actual cash used for everyday expenses, thus being a critical component of the retail investment market.
With HPX’s specialized infrastructure offering card services, airdrop distribution, and token listing capabilities, the partnership is positioned to expand operational support. As a result, the collaboration between iFlux and HPX will significantly enhance iFlux’s operational capacity. In fact, this was illustrated by a recent Mantle Network airdrop that was managed through HPX to distribute 12,000 tokens to a total of 100,000+ impressions in the community. Having such execution capability is extremely important for iFlux as they continue to bring in new projects and maintain their high levels of engagement with the community.
Strengthening the Web3 Ecosystem
There is a developing partnership between the two firms, who will both gain from developing new partnerships with HPX’s comprehensive DEX features in iFlux’s ultimate integration. Customers will have access to large levels of liquidity and many more ways to trade from their digital wallets.
The strategic direction for both companies parallels many of the significant trends that exist throughout the industry by creating a greater degree of synergy between gaming, sport and finance platforms in the web3 area.
Conclusion
Through the partnership between iFlux Global and HPX, we have taken a significant step toward accessible Web3. The combination of a very large number of users plus HPX’s secure, multi-purpose wallet and real-world payments equals a compelling argument for mass adoption of decentralized finance. In addition, as iFlux continues to evolve “beyond just another crypto exchange,” it is now working with HPX to create a base for future leadership in the increasingly competitive digital asset marketplace.
Source: https://blockchainreporter.net/iflux-global-and-hpx-partner-to-revolutionize-web3-wallet-infrastructure-and-crypto-card-solutions/
