Blockchain

The Tie Launches Polkadot Ecosystem Dashboard on The Tie Terminal

Boston, Mass, September 12th, 2024, Chainwire

 

New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem

The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets.

The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key aspects of the network’s performance and usage. By accessing Polkadot blockchain data via The Tie Terminal, investors and traders can make more informed decisions, enhance their understanding of assets and projects within the ecosystem, and gain valuable insights into one of the most dynamic ecosystems in the digital asset space.

“We’re excited to launch the Polkadot Ecosystem Dashboard, providing our institutional clients with powerful tools to analyze and understand the rapidly evolving Polkadot ecosystem,” said Joshua Frank, Co-Founder & CEO of The Tie. “This addition to The Tie Terminal reflects our commitment to delivering the most comprehensive insights, enabling informed decision-making in institutional crypto.”

The dashboard includes account and native token metrics, allowing users to track the growth of the ecosystem by monitoring new, active, and cumulative account metrics over time for each parachain. This feature provides a clear view of user adoption and engagement, while detailed data on the total, staked, and circulating supply units of parachain tokens reflect community growth and interest. Additionally, information on the number of native token holders and price trends across the ecosystem offers further context for analyzing network performance.

Users can also access an overview of transaction metrics, including the volume of native tokens transferred within parachains over time. Transactions are categorized into signed and unsigned types, providing insights into network activity and user behavior. The dashboard tracks transaction fees in both native tokens and USD and displays transaction counts for parachains with Ethereum Virtual Machine (EVM) compatibility, such as Moonbeam and Astar. Additionally, the dashboard monitors Cross-Consensus Messaging (XCM) transactions, offering a comprehensive understanding of cross-chain interactions and interoperability within the Polkadot network.

The Total Value Locked (TVL) metrics provide a detailed analysis of the value locked across parachains, updated every 12 hours. This includes categories such as staking, governance tokens, and liquid staking. A treemap component offers a visual representation of the latest TVL metrics, presenting a high-level perspective of the ecosystem’s value and activity.

The dashboard also features the latest XCM activity metrics, including data on XCM transfers, messages, open channels, and connected parachains, providing a thorough overview of Polkadot’s cross-chain messaging dynamics. The screener function allows users to track ecosystem coins and events, enabling them to filter the dashboard according to specific coins, watchlists, or sectors. This feature ensures that institutional clients remain updated on critical events within the Polkadot ecosystem, helping them stay ahead of significant developments.

The Polkadot Ecosystem Dashboard is designed to give users a holistic view of the network’s performance, making it easier to track developments, analyze trends, and explore the diverse projects within the Polkadot ecosystem. With this addition, The Tie Terminal continues to be an essential tool for institutional clients seeking comprehensive and actionable data in the digital asset space.

The Polkadot Ecosystem Dashboard is now available under the “Presets” section in the Dashboard Selection screen on The Tie Terminal. For more information, readers can visit The Tie’s website.

About The Tie

The Tie is the leading provider of information services for digital assets operating across three core verticals: Institutional, Data Redistribution, and Corporate Access. On the Institutional side, The Tie’s core offering – The Tie Terminal is the fastest and most comprehensive workstation for institutional digital asset investors. The Tie’s institutional clients include hundreds of the leading traditional and crypto-native hedge funds, VCs, market makers, asset managers, banks, and other institutional market participants.

The Tie’s Redistribution business syndicates data feeds to dozens of leading platforms including FalconX, BitMEX, Real Vision, Broadridge, and Cointelegraph. The Tie’s corporate access business provides direct connectivity between institutions and token issuers through a series of industry leading conferences and events – including our flagship event, The Bridge hosted in 2023 with The New York Stock Exchange.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just a participant, they are a co-creator with the power to shape its future.

 

Contact

Jonathan Duran
jonathan@distractive.xyz

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Watermelon Ecosystem Partners with Biz2X for Embedded Lending & Invoice Financing to Food & Beverage SMEs

2024-09-19T10:02:00Z

Biz2X’s business lending platform to start delivering capital to Watermelon Ecosystem merchants in the MENA Region

NEW YORK and DUBAI, United Arab Emirates, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Biz2X®, a global fintech headquartered in New York City whose small business finance platform is used across countries like the U.S., India and Australia with over $10 billion USD funded to date, today announced that the technology platform is powering a new SME financing program from food & beverage platform company, Watermelon Ecosystem.

This strategic partnership will pair Biz2X’s leading small business financing platform with Watermelon's digital ecosystem of restaurateurs and other F&B entrepreneurs, a growing sector in the Middle East and North Africa (MENA) region. At its core, this deal expands digital access to financing for SMEs, thereby powering economic transformation in the region and supporting the ambitions of food business owners.

Through the Biz2X® digital platform, food businesses that are part of the Watermelon ecosystem will have access to business financing to fuel their growth. Biz2X will generate funding offers for businesses that use the Watermelon platform.

Businesses that use the platform to purchase ingredients and inventory for their restaurants or other food business will be prequalified for access to capital to simplify their purchases, increasing average order value and making transactions more efficient. Merchants that are selling inventory and other goods or services through the Watermelon Ecosystem will be able to finance their outstanding invoices, ensuring they can reinvest faster in their business growth.

Platform financing offers are based on Biz2X’s leading underwriting technology using proprietary data about merchant transaction history derived from purchasing behavior by Watermelon’s clients.

“This deal pairs Biz2X’s leading financing technology platform with Watermelon's digital ecosystem of restaurateurs and other F&B entrepreneurs,” said Omar AlShamsi, founder of Watermelon Ecosystem. “Together, we will support digital access to financing for SMEs to power economic transformation and food security in the region while we support the ambitions of business owners.”

“Thanks to our partnership with Biz2X and its award-winning digital lending technology, food business owners in our ecosystem will have unmatched financial resources to support their growth,” he added.

Key benefits of this partnership:

  • Fast Access to Capital for Merchants: Merchants in Watermelon’s ecosystem gain fast access to financing options through Biz2X’s embedded financing platform, with loan processing times as fast as 24 to 48 hours depending on the lender.
  • Data-Driven Finance Offers: The Biz2X® platform uses a merchant’s history of processing transactions with Watermelon to prequalify them for financing, minimizing document requests and expediting approvals.
  • Seamless Invoice Financing Process: Merchants that want to finance outstanding invoices will enjoy a fast and seamless loan onboarding process, facilitated by the integration of Biz2X’s lending solutions within Watermelon’s platform.
  • Multi-Lender Finance Ecosystem: Merchants will be matched with top offers from multiple lenders, including various banks and alternative finance providers.
  • End-to-End Loan Lifecycle Management: Lenders gain access to continuous digital monitoring of their active loan portfolios, enhancing regulatory compliance and minimizing risk exposure.

MENA lenders that partner with Biz2X can now offer financing thanks to this embedded finance partnership. By leveraging Biz2X’s digital underwriting platform, these lenders, including banks, non-bank lenders and fintechs, can establish customized credit parameters and underwriting guidelines. With access to Biz2X’s comprehensive data ecosystem, they can quickly obtain detailed financial transaction data for each applying merchant, expediting precise credit decisions. This is the latest in a series of Biz2X embedded finance partnerships in the Middle East, highlighting the platform’s wide impact globally.

“Embedded finance for SMEs is the future. Through our Biz2X® platform, we provide timely access to capital with less friction so that businesses can purchase the inventory they need with confidence,” said Rohit Arora, CEO of Biz2X, a subsidiary of Biz2Credit. “Business owners no longer have to wait until they have cash on hand in order to purchase things they need to operate and grow.”

“Vertical software companies like Watermelon see the value of delivering a complete client experience that includes access to financing to fuel their clients’ success. Watermelon is a partner with an excellent business in the food & beverage space. We are proud to empower their merchants with financing that fuels growth,” Arora added.

About Watermelon Ecosystem:
Founded in 2020 by Omar AlShamsi, Watermelon Ecosystem is a B2B marketplace that connects buyers with sellers across the F&B supply chain. Watermelon Ecosystem enables food businesses to communicate directly with suppliers, streamline the purchasing processes, prevent delays, reduce waste, cut paperwork, generate purchase orders and invoices, and use the power of data to generate detailed reports for convenient forecasting, inventory management, and financial analysis.

About Biz2X:
Biz2X® is the digital lending platform chosen by successful business lenders, with more than $10 billion USD funded globally to businesses through the company’s innovative technology. The platform has been chosen for business lending at banks and financial institutions around the world. Lenders choose the platform because they want to transform their lending practices digitally. Biz2X makes this possible through best-in-class technology and AI-powered underwriting models. Visit Biz2X.com for more information.

Media contacts
John Mooney, Over The Moon PR, (908) 720-6057, john@overthemoonpr.com
Charles Groome, Vice President of Growth Strategy, Biz2X, (332) 699-2785, charles.groome@biz2x.com


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