ShapeShift Integrates NEM, Providing Liquidity and Convenience for XEM Token Holders

NEM.io Foundation’s XEM on Instant Exchange

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The NEM.io Foundation, creators of the peer-to-peer NEM blockchain platform, today announced that ShapeShift will integrate NEM’s XEM token, providing greater liquidity options to token holders. ShapeShifts simple-to-use exchange plays an important role in the cryptocurrency ecosystem, and its extensive API is used by many third parties as the back-end to power services helping to provide liquidity to cryptocurrencies.

“At NEM, we are constantly looking for ways to better serve our community and XEM token holders,” said Lon Wong, President of the NEM.io Foundation. “We’ve received many requests to make XEM more available on exchanges, and our integration with ShapeShift is a major step forward in providing flexibility and liquidity to the community.”

The NEM team is working to integrate ShapeShift into their Nanowallet, to offer similar convenience already available through Changelly. The Nanowallet is a native NEM desktop wallet providing users the ability to directly exchange XEM for other cryptocurrencies. Through ShapeShift’s NEM integration, cryptocurrency ATMs will be able to support XEM, along with many consumer goods websites.

Since the NEM.io Foundation announced a $40 million expansion earlier this year, NEM has been rapidly developing Catapult, its second and completely augmented iteration. NEM’s expansion also includes at 10,000 square-foot Innovation Lab in Kuala Lumpur, Malaysia, which will house the NEM Blockchain Innovation Lab and serve as an accelerator, incubator, and coworking space. The NEM.io Foundation will also begin operations in Europe starting with a training program for software developers in October.

NEM’s smart asset solution, which does not require programming to create, was recently used by the Bankera and Comsa to help achieve record-breaking pre-ICOs.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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