Enigma, KyberNetwork to partner

Decentralized data marketplace protocol Enigma announced a partnership with KyberNetwork, a digital assets exchange and payments processor.

At the beginning, the companies will enhance Catalyst, a machine-based investment platform

The collaboration focuses initially on initiatives around Enigma’s landmark product, Catalyst, machine-based digital assets investing platform and trading infrastructure.

It will supper reserve operations on KyberNetwork, which will, in turn, integrate with Catalyst as a data provider and exchange service. Father out the plan is to collaborate on crypto asset exchange decentralization and blockchain expansion.

Guy Zyskind

“Enigma has an ambitious goal to build a protocol that can support mass adoption of decentralized applications,” Enigma co-founder and CEO Guy Zyskind said. “As a first step, this partnership will help build momentum and acceptance of the

“Our partnership with Enigma solidifies our aspiration to be the leader in the crypto-asset exchange sector,” KyberNetwork cofounder and CEO Loi Luu said.

“With Enigma’s vision, their deep understanding of blockchain technology and the power of Catalyst, this collaboration is expected to spark innovation and additional research into the intricacies of trading behaviour. In so doing, we hope that our efforts can close the gap between data demand and supply, and empower the effective and efficient use of data.”