REI Network and CrossFi Form Strategic Partnership

REI Network and CrossFi have recently formed a strategic partnership, leveraging REI Network’s high-performance, zero-fee blockchain technology alongside CrossFi’s non-custodial payment solutions. This collaboration aims to provide true financial independence by facilitating a smooth connection between fiat currency and crypto assets, thus promoting the growth of decentralized finance.

> We’re thrilled to announce the partnership between REI Network & @crossfichain!
> By leveraging REI Network’s high-performance, zero-fee blockchain and CrossFi’s innovative non-custodial payment technology, this collaboration brings true financial freedom & seamless bridging of… pic.twitter.com/gFKobYCTCO
> — REI Network｜From #GXChain! (@GXChainGlobal) February 28, 2025

Background

The REI Network blockchain, born from GXChain, functions as a high-speed system supporting transactions with zero fees. Its robust infrastructure allows users and developers to execute operations quickly and efficiently at minimal costs.

About CrossFi

CrossFi is a leader in non-custodial payment technology development. It enables unrestricted transfers between digital currencies and traditional bank funds without centralized management. Users maintain ownership rights and can perform fast, secure, and transparent transactions.

Partnership Details

The collaboration between REI Network and CrossFi enhances their core functionalities. Their combined efforts merge REI Network’s free blockchain with CrossFi’s decentralized payment solutions, allowing effortless cryptocurrency-to-fiat transactions. Users linked to web3 wallets can conduct instant transactions, bypassing traditional conversion hurdles.

This integration improves fund transfer efficiency while lowering costs, enabling developers to build decentralized applications, including perpetual contracts (perps). The partnership will integrate with 30 existing decentralized exchanges (DEXs) to improve liquidity and efficiency across the ecosystem.

Implications and Future Outlook

The partnership signifies important advancements in decentralized finance. It facilitates the seamless integration of traditional currencies with cryptocurrencies, boosting investor confidence among both retail and institutional participants. This collaboration may inspire other organizations to explore similar applications, accelerating the adoption of blockchain technology in everyday financial transactions.