Ice Open Network, a well-known L1 blockchain to enhance Web3 adoption on a decentralized, secure, and scalable platform, has launched a partnership with up-front digital finance entities, Uphold Inc. The collaboration aims to help promote global adoption into the institution’s infrastructure. The platform revealed the development on X’s official social media account.
We are proud to announce our institutional partnership with @UPHOLDINC, one of the most trusted platforms in digital digital finance. It manages over $700 million in assets, handles more than $53 trillion in transactions, and is trusted by over 10 million users worldwide.
Through this partnership, Ice Open…pic.twitter.com/vhgttjdx5j
– Ice Open Network (@ice_blockchain) July 1, 2025
Maintain cooperation with the ICE open network to strengthen the institutional infrastructure of OTC, DEFI and CEFI
The partnership between Ice Open Network and Asphold improves the former operating foundation, unlocking key growth routes across commercial (OTC), distributed finance (DEFI), and centralized finance (CEFI) networks. In this respect, the collaboration is supported as Aeon’s formal institutional custody platform. This allows for over 300 digital assets and over 40 blockchain networks.
Apart from that, Uphold’s comprehensive infrastructure provides great reliability for the Ice Open Network. Managed assets have a global consumer base of over $700 million, processing transfers exceeding $530, and over 10 meters. As a result, the platform is widely positioned among the most trusted custodians within the digital asset sector.
The platform’s institutional level custody and compliance mechanisms provide a flexible and secure configuration for large-scale digital operations. This meets exactly the scale of reliability needed to support Aeon’s long-term ambitions. In Aeon’s case, collaboration goes beyond technological integration, highlighting the move towards scalability and legitimacy development in rather competitive blockchain networks.
Provides unique opportunities for liquidity and capital efficiency
According to the Ice Open Network, partnerships are expected to unleash diverse opportunities. They consider streamlined access to global liquidity, increased reliability by regulators and institutional investors, and increased capital efficiency. Additionally, it leads to cross-chain interoperability with cutting-edge financial products. These things are worth noting in facilitating the future evolution of the Web3 platform.