Crypto.com and Blockchain Association Singapore Partner for Blockchain Innovation

Blockchain Association Singapore (BAS) today announced a strategic partnership with Crypto.com, through the signing of a Memorandum of Understanding (MOU).

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Through this strategic partnership, BAS and Crypto.com will collaborate to advance both parties' work in the Non-Fungible Token (NFT) ecosystem. BAS and Crypto.com will also seek to leverage each other's network and expertise to facilitate wider understanding of the constantly evolving NFT landscape, while fostering wider collaboration in this space.

"We are honoured to collaborate with Crypto.com for the advancement and advocacy of NFTs,"said Mr Chia Hock Lai, Co-Chairman of BAS."The influence and prominence of NFTs continues to increase significantly, particularly across Asia."

"The acceptance and trend towards NFT ownership has been in the ascendancy in recent years and we expect this to continue. BAS is committed to further educating the public on this emerging technology jointly with Crypto.com."

"We are excited to partner with BAS to not only advance NFTs in the market, but to also further harness the positive impact NFTs and the entire crypto ecosystem can have in our communities,"said Eric Anziani, Chief Operating Officer at Crypto.com."By partnering with BAS on this important initiative, we will be able to maximize our efforts while also continuing to build this technology for a highly engaged regional population."