Stronghold’s SHX Token Goes Live On Uphold
Spotted our latest listing? Stronghold (SHX) is now available on Uphold!
Stronghold combines blockchain technology with traditional financial services as it endeavours to deliver fast, secure, and accessible payment solutions. To celebrate its addition to the Uphold family, we’re offering a special promotion:
What is Stronghold?
Stronghold is a payment and financial services platform designed to bridge the gap between traditional finance and blockchain technology. Founded in 2015 and officially launched in 2017, the project operates on the Stellar network and offers a comprehensive suite of solutions, including:
- ACH Payments: Real-time transaction processing.
- Stronghold Direct: A no-code tool for creating shareable payment links.
- Merchant Financing: Cash advances based on transaction history.
- Checkout Systems: Tools to accept digital payments at the point of sale.
- Card Processing: Secure acceptance of online credit and debit card payments.
- Virtual Payments Network: APIs to support developers in building financial applications on StrongholdNET.
This ecosystem aims to make payments faster, more secure, and more inclusive for businesses and individuals alike.
Meet the SHX Token
The Stronghold Token (SHX) powers the platform’s ecosystem, and is available on both Stellar and Ethereum. Here are some of the key details:
- Fixed Supply: SHX has a capped total supply of 100 billion tokens.
- Utility: SHX can be used for real-time settlements, discounted transaction fees, merchant rewards, governance rights, and liquidity provisioning in DeFi.
- DeFi Role: SHX supports merchant cash advances by facilitating liquidity in decentralized finance protocols.
With its wide range of applications, SHX is a critical component of Stronghold’s efforts to modernize financial services.
Meet the Founders
Stronghold was co-founded by Tammy Camp and Sean Bennet.
- Tammy Camp: A technology and finance entrepreneur with a vision to modernize financial services through blockchain.
- Sean Bennett: With experience spanning software development and blockchain technology, Sean is responsible for the technical development and implementation of SHX.
Together, they’ve built a platform that integrates traditional financial systems with blockchain innovation, seeking to pave the way for the future of payments.
Don’t invest in crypto unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.