Lynx Global Digital Finance Corporation has partnered with cryptoasset custody and trading solutions provider Copper.co, to accelerate better financial inclusion to the underserved population in Southeast Asia, starting with the Philippines – a progressive digital payments market.
Lynx Global Digital Finance Corporation has partnered with cryptoasset custody and trading solutions provider Copper.co, to accelerate better financial inclusion to the underserved population in Southeast Asia, starting with the Philippines – a progressive digital payments market.
Under this association, Copper.co will provide secure custody and complete institutional cryptoasset trading solutions to Direct Agent 5, Inc (DA5), Lynx Global’s group company, with operations in Australia and the Philippines.
“At Lynx, we are pleased to help play a pivotal role to enable and facilitate the digital transformation of the financial sector in underserved markets. The Southeast Asia region holds immense opportunities in digital economy, digital payments and digital asset adoption. To date, almost 500 million people lack any form of financial service offerings, and within Southeast Asia, it is cited that more than 290 million adults are unbanked. With this partnership, our business is well-positioned to take advantage of the tremendous growth opportunities that are available for our unmatched products to reach large, unserved populations.
“By combining Copper.co’s globally recognised institutional-grade cryptoasset custody solution with Lynx’s expanding regional local payment and financial infrastructure network, we can ensure easy access to financial services for all our customers,” says Michael Penner, Chief Executive Officer, Lynx Global Finance.
“We’re delighted to be supporting this fast-growing network. As Lynx Global expands their reach in the Southeast Asia region, we look forward to supporting them as they further their cryptocurrency offering and expand on their goals of providing more services for financial inclusion to serve the growing customer base that is becoming more educated and sophisticated in the use of technology and finances,” says Alex Ryvkin, Chief Product Officer, of Copper.
