[PRESS RELEASE – Singapore, Singapore, May 20th, 2025]
CreataChain, a next-generation modular blockchain platform, has announced a strategic partnership with Kylix Finance, a decentralized finance (DeFi) protocol built on the Polkadot ecosystem. The memorandum of understanding (MOU) focuses on technical collaboration and joint business development to expand cross-chain asset management and the DeFi market.
Kylix Finance leverages Polkadot’s Cross-Consensus Messaging (XCM) protocol to integrate liquidity across various blockchains, including Bitcoin and Ethereum, while offering lending and borrowing functionalities. Led by technology and business leader Gianluigi Davassi, it features technological differentiation through DAO-based governance, an advanced risk engine, and a collateral liquidation mechanism.
The partnership between CreataChain and Kylix Finance aims to create synergy in the following areas:
- Technical Integration: Combining CreataChain’s smart contract platform with Kylix’s cross-chain lending infrastructure.
- Joint Marketing: Executing coordinated campaigns to drive user growth and ecosystem expansion across communities.
- Collaborative Product Development: Co-developing cross-chain collateralized loans and financial products linked to stablecoins.
Notably, CreataChain plans to integrate Kylix’s liquidity model and on-chain liquidation mechanisms into its own ecosystem. The partnership will also focus on jointly developing next-generation DeFi infrastructure with a focus on Digital Identity (DID) technology.
Jennifer Jin Kim, CEO and Co-Founder of CreataChain stated, “Kylix Finance is an ideal partner with a team that combines technical expertise and execution capabilities. This collaboration marks the beginning of a global DeFi alliance bridging Asia and Europe.”
The core development team at Kylix Finance consists of experts from the Polkadot Academy and has solidified its technical strength through collaboration with BlockDeep Labs, a company specializing in Substrate-based blockchain development.
Both parties are now finalizing the formal agreement and aligning on a joint roadmap for technical integration and execution.
About CreataChain
CreataChain is a next-generation Layer 0 modular blockchain mainnet built for the Web3 era. It features a dual-chain architecture composed of the CVM-compatible Catena Chain and the non-CVM Zenith Chain, offering excellent scalability, low transaction fees, and a flexible environment for application deployment. Through its proprietary interchain protocol, Lunar Link (ICP), CreataChain enables real-time asset and data transfers across heterogeneous blockchains, realizing true multi-chain interoperability. With this robust technological foundation, CreataChain is positioned as a high-performance blockchain platform with broad applicability across various domains, including DeFi, NFTs, GameFi, real-world asset tokenization (RWA), and enterprise dApps.
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