PlatON Forges Strategic Partnership with Digital Currency Service Provider Coins.ph for Payment Services

PlatON, the digital public infrastructure, has established a deep strategic partnership with Coins.ph, the largest digital asset platform in the Philippines, offering comprehensive fiat and crypto services. The payment gateway of Coins.ph will be fully integrated into PlatON’s Web3.0 confidential payment and clearing system, TOPOS, offering users a seamless currency exchange service between fiat and digital currencies. Users will be able to conduct instant digital currency exchanges and fund withdrawals through TOPOS, benefiting from the most favorable exchange rates and the lowest transaction fees.

This integration marks a significant step for PlatON in enhancing the user payment experience and provides a broader user access point for Coins.ph. Coins.ph currently has more than 16 million users and is fully regulated by the Central Bank of the Philippines (known as the Bangko Sentral ng Pilipinas), holding licenses for Virtual Currency and Electronic Money Issuer issued by the central bank.

About PlatON

PlatON is an open financial infrastructure initiated and promoted by the LatticeX Foundation, aiming to become a major blockchain platform in the era of Web 3. It secures stability and performance on a par with that of the financial system, and provides cryptography-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3.

About Coins.ph

Coins.ph is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.

Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.