ICON recently announced a new partnership with Chain Partners, a blockchain fintech company focused on building the future of crypto finance.

The partners are currently discussing the listing of ICX and ICON DApp tokens on Chain Partners’ cryptocurrency exchange, DAYBIT, which is the world’s first exchange developed in Elixir, a next-generation functional language based on Erlang. This high performance distribution channel should allow for a higher number of transactions at a much faster pace and is expected to vitalize ICON’s DApp ecosystem.

Additionally, Chain Partners will be supporting ICON and its DApps by using Chain Partners’ OTC (over-the-counter) service, which should greatly improve the crypto liquidity of ICON and ICON DApps. Plans to integrate ICX into Chain Partners’ crypto payment service, Coinduck, are also underway and would allow users to pay with ICX at both online and offline businesses affiliated with Coinduck.

“This partnership is the first step towards cooperating with Chain Partners to take the lead in creating a healthy blockchain ecosystem beyond the vitalization of ICON’s DApp ecosystem. ICON will expand their cooperation with Chain Partners, which is becoming a global blockchain fintech company, to various sectors in the future,” explained Min Kim, ICON Foundation Council Member.

Charles Pyo, Chain Partners CEO said, “The success of a blockchain platform is affected by the performance of the tokens issued by its DApps. Chain Partners will contribute to the vitalization of the ICON ecosystem with our capabilities ranging from the development of tokens to listing, payment, and OTC.”

Chain Partners is also planning on becoming a P-Rep candidate.