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Moai Finance Secures XRPL Grant, Launches Enhanced Cross-Chain DEX Aggregator
Singapore – December 18th, 2024 – In a significant development, Moai Finance, a pioneering decentralized exchange platform on XRP Ledger, has announced the launch of its enhanced cross-chain decentralized exchange (DEX) aggregator, version 2.0. This cutting-edge release introduces new functionalities and improved cross-chain capabilities, with upcoming support for EVM sidechain integration.
In a notable milestone, Moai Finance has been selected as one of seven protocols worldwide to receive funding through Ripple’s XRPL Global Grants. This recognition underscores Moai Finance’s innovative contributions to the XRP Ledger ecosystem and positions the platform at the forefront of multi-chain interoperability among XRP-related chains.
This significant achievement is built upon the company’s recent commitment to the ecosystem by hosting XPAND 2024, an official side event at the XRP Ledger Apex conference. The event brought together over 10 projects and more than 500 attendees, fostering a collaborative environment for the growth of the XRPL community.
Moai Finance’s strategic expansion will now focus on integrating with XRPL EVM Sidechain and becoming one of the POA validators. This crucial step will enable users to access broader liquidity pools and trading opportunities across multiple blockchain networks.
Launched in September 2023, Moai Finance emerged as an innovative multi-chain DEX and cross-chain DEX aggregator, strategically positioned within the XRP Ledger ecosystem to tap into untapped liquidity across various side-chains. Backed by Ripple’s XRPL Grant, Hashed, and Born Ready Ventures, Moai Finance aims to unlock cross-chain liquidity and facilitate seamless trading across blockchain networks.
With this enhanced release, Moai Finance is poised to revolutionize the decentralized finance (DeFi) space, offering unparalleled access to liquidity pools and unparalleled trading opportunities for users.
Source: cryptopotato.com
