- Cloud3 Ventures Inc. (CLDVF, Financial) partners with Distributed Technologies Research to integrate stablecoin and fiat conversion services.
- The integration will support fiat currencies (EUR, GBP, USD) and digital assets (USDC, USDT).
- This strategic alliance aligns with Cloud3's 2025 roadmap, including NASDAQ uplisting and fintech innovation.
Cloud3 Ventures Inc. (CLDVF), a Canadian diversified holding company, has announced a strategic partnership with Distributed Technologies Research (DTR) to expand its digital asset offerings. Under this agreement, Cloud3 will utilize DTR's cutting-edge financial technology to provide stablecoin and fiat conversion services within its ecosystem.
The partnership will enable Cloud3 Ventures to offer conversion between major fiat currencies (EUR, GBP, USD) and digital assets such as USDC and USDT. Additionally, the agreement includes the issuance of virtual International Bank Account Numbers (IBANs) for eligible users, and integrated Know Your Customer (KYC) onboarding and Anti-Money Laundering (AML) compliance services.
By becoming a licensed merchant on the DTR platform, Cloud3 Ventures plans to provide these fiat-to-crypto services across its own platforms and for future sub-merchants. This strategic move positions the company for global scaling through white-label sublicensing and ensures compliance with GDPR and other data privacy regulations.
The integration is part of Cloud3 Ventures' ambitious roadmap for 2025, which includes goals for a NASDAQ uplisting and advancements in AI-driven fintech innovation. This development is expected to significantly enhance Cloud3's capability to support secure and compliant global crypto-fiat interactions.