EXMO and RACIB Discuss “Strategic Partnership”

EXMO and RACIB Discuss “Strategic Partnership”

It was revealed yesterday that cryptocurrency exchange platform EXMO and RACIB, an association focused on developers and users of blockchain and the interests of a digital economy, have undergone talks to build a new partnership together.

While the talks began last week, 12th November, the news dropped just yesterday – which bodes well for the talks having gone well. The talks consisted of EXMO’s head of business development, Maria Stankevich and the heads of RACIB’s development of digital financial institutions, and international development departments, Anton Filimon and Mikhail Tretyak.

EXMO have stated that a topic of the meeting was to look at ways by which RACIB and EXMO could potentially cooperate in areas together such as education, mutual representation of interests and joint events for the interested parties, which would include traders and investors from Russia and the CIS countries. The area of the world market that EXMO is currently the leader as an exchange platform within.

Speaking after the event, Stankevic was positive about their interactions, “The EXMO team sincerely believes in further development of the cryptocurrency industry, which is now at the stage of formation. A strategic cooperation with RACIB will make a significant contribution to formation of the digital economy of Russia and the CIS.”.

This positivity was doubled down on by the exchange platform itself via the blog post announcing the news that the two organisations planned to seal the deal in “the near time” and urging users to stay tuned.  

This is the latest expansion coming from EXMO, who just last week launched their mobile app and detailed another partnership with financial aggregator CryptoMood.

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