 
 
A new strategic alliance has been formed between three key players in the fintech sector. The partnership brings together Foresight Ventures, a prominent Web3 investment company, with two other entities: Deep Blue, a new stablecoin issuer based in Jersey, and Arta TechFin Corporation Limited, a Hong Kong Stock Exchange-listed company (HKSE: 0279).
Deep Blue specializes in stablecoin issuance. Its platform combines leading practices and partnerships across traditional and digital finance sectors and is designed to support multiple user use cases.
Arta TechFin operates as a regulated financial institution with blockchain capabilities through its subsidiaries. In this collaboration, they will contribute their expertise to various aspects of stablecoin and Real-World Asset (RWA) operations, including origination, tokenization, market making, and liquidity provision.
The partnership’s primary objective is to enhance and expand the ecosystem for stablecoins and Real-World Assets, combining the strengths of all three organizations to foster innovation in this space.
Julien Bahurel, co-founder of Deep Blue, commented on the partnership: “We are excited to join forces with Foresight Ventures to accelerate our efforts in the Stablecoin and RWA sectors. This partnership represents a significant step forward in our mission to bridge the gap between traditional finance and the emerging blockchain economy, leveraging on key crypto partners, large Asia-based conglomerates, and financial institutions.”
 
The partnership will see Foresight Ventures, a firm dedicated to advancing Web3 and cryptocurrency adoption, provide Deep Blue with crucial support through its media connections and network resources. This collaboration aims to expand Deep Blue’s reach and strengthen its influence in global finance. The arrangement will allow both organizations to benefit from their strengths in blockchain technology and traditional financial systems.
Speaking about the alliance, Forest Bai from Foresight Ventures shared his optimistic outlook: “We are thrilled to collaborate with Deep Blue and ArtaTechFin, companies that share our vision of a decentralized future where blockchain and traditional finance coexist seamlessly. Our strategic resources and industry expertise will help Deep Blue scale its ecosystem and make a lasting impact in the stablecoin and RWA domains.”
This collaboration represents a significant milestone for all participating companies as they join forces to develop innovative financial solutions intended to transform the global economic landscape.
Source: https://zycrypto.com/foresight-ventures-joins-forces-with-deep-blue-and-arta-techfin-to-improve-stablecoin-and-rwa-business-initiatives/