Monsoon has said in a press release that OSL targets both institutional and individual investors with its different services including custody, brokerage and trading services. It has also specified that through this partnership, OSL is aiming to build up a ’digital asset powerhouse’. This deal is going to be a major step for both blockchain and digital assets as well as it will also lead towards the expansion of global media.
This deal between OSL and Monsoon jointly aims to combine deal-flow, large-scale investors, blockchain capabilities and intellectual properties altogether. Through this, both the firms are taking a step forward in order to move towards digitization of assets and money. It has also been specified that both these firms will also launch various digital assets and tokens in which media and telecommunications tokens will be included.
Not only OSL, but Monsoon is also expanding its network by getting involved in various partnerships. Through sources, it has been revealed that Monsoon will be teaming up with a China-based Blockchain Service Network (BSN). BSN is there to speed up the development of digital economies plus it will also provide a global inter-connectivity for all the members of the network. Monsoon is aiming towards providing a better marketplace for cloud service providers by using smart contracts.
Monsoon has experience of working with some mainstream IT giants which are having huge goodwill including Alibaba, IBM and many more. Now its partnership with OSL is going to be a remarkable one which will help towards the expansion of both the firms.
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