CREAM, Bitrue Partnership to Boost VeChain (VET) Ecosystem Development | BTCMANAGER
Bitcoin, Blockchain & Cryptocurrency News
CREAM, a leading strategic advisory and investment firm involved with the VeChain (VET) blockchain project has entered into a business partnership with Singapore-based cryptocurrency exchange platform Bitrue. This, according to an official announcement on February 24, 2020.
A Partnership for VET and XRP Camp
In a bid to further their own business interests, blockchain and cryptocurrency investment incubator CREAM and Bitrue crypto exchange have joined forces. As a result of the partnership, the VeChain community will have multiple reasons to smile.
Firstly, according to the terms of the partnership, Bitrue will list the VTHO token with a VTHO/BTC trading pair at 11 pm (UTC +8) on February 24, 2020. This will enable the VeChain and Ripple communities to trade VTHO on the exchange.
Further, the partnership will also mark the introduction of the weekly distribution of VTHO tokens to all existing VET holders. For the uninitiated, currently, VET holders receive VTHO on monthly basis.
Lastly, for the VeChain community, Bitrue will now support the VIP180 token ecosystem. This includes fast-tracking listing services for tokenized projects built on the CREAMethod and VeChain ecosystems.
The announcement also reads:
“To further demonstrate its commitment towards the VeChain community, Bitrue has pledged to announce support for the VeChain X-nodes program,