Brisbane, Australia, August 8th, 2024: South Korean-based crypto trading platform FOBL and blockchain auditing specialists VaaSBlock have announced a strategic partnership. The collaboration aims to improve the legitimacy of projects in the Web3 market that can successfully pass an independent audit and receive the RMA™ badge, VaaSBlock’s primary product.
Setting the Standard for Due Diligence in Web3
FOBL takes the reputation of its platform very seriously and wants to set a standard both in Korea and internationally for how trading platforms should behave when evaluating which projects they will list. If all platforms could be extra careful and dig deeper with the listings they make, the whole industry’s reputation could improve. This shared value and belief made the partnership between VaaSBlock and FOBL one of mutual values, the bedrock of a long-term business relationship.
FOBL CEO Hyun-Jun An stated, “Proving a trustworthy reputation in the Web3 ecosystem is very important. This partnership will greatly contribute to enhancing the reliability of not only domestic but also global projects, thereby creating a safer Web3 environment.”
VaaSBlock CEO Ben Rogers said, “Our two organizations are kindred spirits in how we look at what needs to be done to grow the whole ecosystem and bring in the next billion users. I believe everyone in the space shares responsibility for improving the reputation of crypto and look forward to working with Hyun-Jun and his team.”
Opening Global Perspectives together
Through this agreement, the two companies will establish an environment where various domestic and international projects can enhance their trustworthiness with users and serve as a bridge for partners seeking to expand into global and Korean markets. The two companies plan to promote the growth of the Web3 ecosystem and cooperate to create a reliable blockchain environment. Both teams intend for the collaboration to be the first of many steps they take together to grow Web3 and bring blockchain technology to more people around the world.
About FOBL
FOBL is a leading crypto trading platform based in South Korea, known for its robust security measures, comprehensive trading tools, and commitment to fostering a trustworthy trading environment. With a strong focus on user safety and project integrity, FOBL continues to set industry standards and drive innovation in the digital asset space.
Contact: Eddy Kim | [email protected]
