Galion integrates with Kyber Network to bring decentralized exchanges to its users, and welcomes Lee Hong Wong to its board of advisors
By: Edouard Viguier
Tags: Blockchain, Ethereum, Kyber, Bitcoin, Cryptocurrency

Galion integrates with Kyber Network to bring decentralized exchanges to its users, and welcomes Lee Hong Wong to its board of advisors Edouard Viguier Follow Jul 31, 2018 · 3 min read

We are pleased to announce that we are officially working with the Kyber Network team, one of the best and most recognized decentralized platforms in the ecosystem, and have completed the integration with its decentralized liquidity network to our MVP. From today, Galion users can exchange tokens against Ether, and also complete token-to-token transactions right from the Galion interface, using either Ledger or Metamask wallets.

At Galion, our mission is to provide our users with everything they need to manage their assets as efficiently as possible. To do so we have to integrate the best possible services of the crypto ecosystem to our platform. Kyber is the archetype of such a great product. We have been following Kyber since the very beginning, and always thought the depth of their vision, the technical quality of their team and their ability to deliver on their promises were astonishing.

As we have explained in our previous blog posts, we are convinced that integrating third party products into Galion is the only way that makes sense in a decentralized ecosystem. It allows users to benefit from the best of both worlds: a decentralized technical architecture, and a unified user interface and dashboard. Kyber is only the first of many services that we plan to integrate, and we chose Kyber because we believe they are among the very best at what they do.

We are also extremely glad to officially welcome Lee Hong Wong to our board of advisors. Lee Hong is a banking expert with a deep interest in blockchain and cryptocurrency technologies. He has been advising us and his counsel has already brought tremendous value to our project. He advises numerous successful and promising projects, including Kyber Network and Sentinel Protocol. The Kyber team, including Lee Hong and Loi Luu — the CEO of Kyber — and Galion share many of the same convictions on the future of economics, crypto assets, and the importance of user friendly solutions to democratize blockchain and crypto technologies.

Thanks to Lee Hong, Loi Luu and the KyberNetwork staff, we have been able to implement Kyber protocol in record time, benefiting from the guidance of the team and its technical assistance. The future is bright. Kyber shares with us a passion for their job, and constantly improves on what it builds. The token-to-token feature in Kyber was just released a couple of days ago, but the team is already working on what is coming next, and the story of our collaboration is only getting started. We are especially thrilled by their Gormos project, which will deliver the solution to the hybrid-DEX problem by harnessing the best of both sharding and Plasma and enable true, fast decentralized exchange of cryptocurrencies.

Adding exchange capabilities to our product has always been part of our dense roadmap. It is a necessary step. This integration is an important milestone for Galion: by adding Kyber to the Galion platform, it takes a major step towards its vision and gets closer to becoming the ultimate financial app.