Pocket Network is a blockchain data ecosystem for Web3 applications. On November 10, 2021, Pocket Network announced that it has signed a cooperation agreement with Stonewood Capital. Stonewood Capital will provide strategic support for its Asian market expansion.
This international partnership will support Pocket Network's aggressive growth plans as it expands its nodes, infrastructure, media activity and revenue streams globally, providing blockchain and Web3 scaling solutions to businesses and developers around the world Provide strong support.
Stonewood Capital, as a bridge for project development in North America and Greater China, invested in Pocket Network and designed a strategic plan for it to enter the Asian market. In the Asian market, community demand for high-quality blockchain projects with rapid scaling capabilities remains strong.
"In the past year, the Pocket Network market has developed rapidly and has become a leading decentralized infrastructure network in the field of blockchain applications. Now is the time to expand our influence and applications globally. Given Stonewood Capital's international brand We are honored to have an in-depth cooperation with Pocket Network with rich experience in expansion.” said Michael O'Rourke, CEO and founder of Pocket Network.
Pocket Network is the leading cloud network for decentralized applications that coordinates data across dozens of blockchain networks such as Ethereum, Polygon, Harmony, and Solana, with more joining every month .
Stonewood Capital focuses on investing in leading blockchain projects and accelerating their growth in the international market, focusing on transaction execution, token exchange listing, international legal compliance, community and market development.
Dr. Omer Ozden, CEO of Stonewood Capital, said: "We will look for blockchain projects with great scalability, professional team members, and high practicability, such as dYdX, The Graph, etc., which we invested in early project, positioning and localizing it in the Asian market, and promoting its accelerated growth. Pocket Network’s middleware technology and its unique multi-jurisdictional team members are exactly the best type of overseas projects that the Asian market is looking for.”
Pocket Network currently handles billions of requests per month distributed across a growing global network of over 9,000 nodes that are rewarded with POKT tokens. On-chain metrics show how fast the Pocket Network is rapidly scaling.
About Pocket Network
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About Pocket Network
Pocket Network is a blockchain data ecosystem for Web3 applications, a platform built for applications that can coordinate and distribute data at scale with lower cost. It supports seamless and secure interaction between blockchains and between applications. With Pocket, the use of blockchain can be easily integrated into websites, mobile applications, IoT, allowing developers to freely put blockchain applications into the "pockets" of every mainstream consumer.
For more information visit: Pocket Network
About Rockwood CapitalPocket Network
About Rockwood Capital
Stonewood Capital is an international merchant bank and fund focusing on blockchain and mobile e-commerce projects in Asia and North America. Stonewood Capital has completed more than 120 public token offerings and hundreds of private securities offerings in various fields in 18 countries. Rockwood Capital invests in leading blockchain projects and accelerates their growth globally.
