Mphasis announced its partnership with CrossTower to build a Center of Excellence (CoE) focused on Web 3.0 and a series of blockchain based products that will be launched and traded on the CrossTower platform. The partnership between Mphasis and CrossTower will accelerate and scale the Web 3.0 talent within Mphasis, providing new avenues for application of innovative blockchain based solutions in public and private industries, including financial services, supply-chain, healthcare & life sciences, insurance, logistics, entertainment, art, and retail. The rapid adoption of digital assets has also led to financial and non-financial institutions too including them in their strategic planning.

Mphasis' partnership with CrossTower is a milestone in the digital assets industry, as it is the amalgamation of technologies' 'Next Applied' innovation for future, with globally ranked #4 for in the world by CryptoCompare as crypto exchange to build a safer, smarter, and wider scope for Web 3.0.