SINGAPORE, June 10, 2021 – (ACN Newswire) – and Moonstake announced today that they agreed on a partnership as part of the accelerator. Moonstake will join as a partner at the accelerator, whose founding partners are Binance and Orbs. Through this collaboration, Moonstake will take an active part in screening and supporting the portfolio companies and promote research, training, events, and conferences with the goal to increase awareness and adoption of Blockchain and Distributed Ledger Technology.

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 12 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, and IOST.

Meanwhile, is an accelerator that helps bootstrap new projects and DeFi protocols and launch the next wave of innovation. It is a joint venture by Orbs and the industry leader Binance. The accelerator is dedicated to supporting research, development of open-source software, and community engagement and to assist promising projects that are built on the principles of fair distribution, community ownership, innovation, responsible approach to risk, sustainable economics and composability with the broader ecosystem.

Lawrence Lin, CEO of Moonstake, says: “As a top 10 global staking provider, Moonstake is happy to collaborate with, an accelerator founded by our partner Orbs and the leading global exchange Binance, to help innovative new projects in the crypto and DeFi space launch on the market. With over 1 billion USD worth of assets staked on our platform, a strong lineup of staking coins supported, and a seasoned development team, Moonstake can offer great liquidity injection opportunities as well as valuable technical consultancy for portfolio companies of the ecosystem.”

Daniel Peled, President of Orbs, says: “Liquidity and development efforts are always some of the top concerns of startups in the crypto and DeFi spaces. This is why we’ve partnered with the world-leading staking platform Moonstake. We’re confident that this collaboration will bring great value to team of industry experts and will help accelerate new projects in the fields of development and liquidity.”