Morph, the blockchain for consumer applications, is launching a centralized exchange coalition aimed at supporting new blockchain projects and developers.
The Morph Centralized Exchange Coalition will bring together top CEXs from across the industry and target enhanced visibility across leading exchanges for benefiting projects and developers, including Bitget, MEXC, HTX, and Poloniex. The exchanges will help projects achieve increased market presence and liquidity, according to the vendor.
The Morph Centralized Exchange Coalition will also connect builders to potential venture capital funding opportunities. The coalition’s Integration Committee will vet and recommend projects for exchange listings. Meanwhile, the program will reduce the need for projects to allocate resources to steps such as discovery and due diligence.
Instead of just providing grants or other funds, the CEX coalition will focus on equipping developers to launch and scale for mass adoption.
“By providing a clear pathway for projects to access major trading platforms and potential funding opportunities from top-tier venture capital firms, we are able to drive meaningful impact and long-term success for blockchain projects,” said Cecilia Hsueh, chief executive officer and co-founder of Morph.
The initiative aims to bring multiple benefits to projects, exchanges, and Morph, including increased market activity, total value locked, and decentralization, according to the vendor.
Morph is also poised to gain further traction ahead of its mainnet launch, which will introduce a consumer layer aimed at driving adoption and bridging the gap between blockchain and real-world use cases.
For more information about this news, visit www.morphl2.io.