AllianceBlock Partners with Injective Protocol to Enhance the Derivatives Ecosystem with Multiple Asset Classes

Nexera Foundation
3 min readJan 26, 2021

The AllianceBlock team is delighted to announce a new partnership with Injective Protocol, a layer-2 decentralized derivatives exchange protocol that aims to enrich the ecosystem AllianceBlock is building.

This mutually beneficial partnership will allow AllianceBlock to work with Injective Protocol to provide oil and gas derivatives as an asset class, leading to the integration of additional asset classes and more exotic products in due course. Injective Protocol will integrate AllianceBlock’s oil/gas derivatives, which will provide quantitative financial data of an industry leading standard to Injective. This partnership signifies a major step forwards towards achieving the development of a comprehensive bridge between the worlds of traditional and decentralized finance.

Injective will enable AllianceBlock in generating new derivative products that currently do not exist in the ecosystem. This includes the potential creation of new crypto indices that can aid crypto investors in attaining exposure to new asset forms as a whole. This also helps AllianceBlock to source additional liquidity since they can now be traded on Injective’s pioneering fully decentralized derivatives exchange.

Injective has already added a number of innovative markets to its derivatives exchange, including yield farming derivatives and even stocks such as Tesla. Moving forward, Injective will also look to leverage AllianceBlock’s innovative Impermanent Loss Hedging and derivative hedging products to expand its derivatives trading ecosystem. This partnership will also be geared towards the exploration of avenues for further collaboration, as both companies work to enhance the space.

Rachid Ajaja, CEO and Founder of AllianceBlock said, “At AllianceBlock, it is our mission to build the first globally compliant decentralized capital market, and this partnership with Injective Protocol is an incredibly important step towards achieving this goal. This is a great step towards enriching the derivative ecosystem, and in turn the next generation of investment banking infrastructure we are so proud to be developing. This collaboration will allow institutional traders to fully engage with the burgeoning DeFi ecosystem. This partnership is a notable development that will ensure the well-functioning of the derivatives ecosystem we are building and we are delighted to be enhancing our market position by partnering with Injective Protocol in pursuit of the development of this ecosystem.

Injective Protocol’s Founder Eric Chen, said, “We are thrilled to be working alongside the team at AllianceBlock. This enables us to further our mission in bridging together traditional finance with DeFi. Oil and gas futures are some of the most commonly traded commodities in traditional markets but have thus far been inaccessible within DeFi. On Injective, traders will now be able to trade these markets and much more on the first truly decentralized derivatives exchange.

We share a common goal of increasing institutional adoption for DeFi ecosystems globally.

About Injective Protocol

Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

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About AllianceBlock

AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.

Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.

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Nexera Foundation

Nexera Foundation is empowering the future of finance with cutting-edge open-source innovation.