Zilliqa Group inks strategic partnership with ChainUp to bolster Web3 infrastructure and service offerings
LONDON, Oct. 31, 2023 /PRNewswire/ -- Zilliqa Group, a leading provider of Web3 solutions and blockchain infrastructure best known for the development of the Zilliqa blockchain – a high-performance, high-security, and low-fee layer-1 protocol, today announce a partnership with ChainUp, a Singapore-based leader in enterprise blockchain solutions.
The tie-up will see ChainUp become an industrial-grade infrastructure partner for Zilliqa Group, collaborating to bolster Web3 partnerships across loyalty, gaming, spatial web and tokenisation efforts.
ChainUp will also become a core provider of infrastructure services for the entire decentralised Zilliqa ecosystem by operating a Staked Seed Node (SSN) and validating transactions across the network. ChainUp join 29 existing SSN operators including Google Cloud, which last month announced that it would be providing node infrastructure services as an SSN on the Zilliqa network.
Speaking on today's announcement, Zilliqa Group CEO Matt Dyer, said:
"Our partnership with ChainUp signifies an important strategic move for the entire Zilliqa Group and Zilliqa ecosystem, bolstering our existing capabilities in areas like loyalty and gaming, while offering all-new features and capabilities to both our portfolio companies, as well as businesses and developers that leverage the Zilliqa blockchain for their product and service offerings. We are already excited about the potential of this partnership and the impact it stands to have in solidifying our presence in Asia together with a like-minded business."
Also commenting, ChainUp CEO Sailor Zhong, said:
"We have entered into a collaboration with Zilliqa Group, a notable entity in the blockchain industry. This partnership aligns with ChainUp's current initiatives and will provide additional capabilities for our clientele. This alliance not only amplifies ChainUp's ongoing initiatives but also paves the way for innovative offerings and capabilities for our diverse clientele. This synergy marks a significant stride in cementing our footprint across Asia, and we anticipate the monumental growth and opportunities this partnership is poised to bring."