Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support

-Crypto.com is adding two small-cap altcoins to its roster amid a market-wide slump.

-First up is Lido DAO (LDO), the governance token of decentralized staking platform Lido Finance which offers staking solutions across several popular blockchains.

-Lidos decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH)-based token voting rights on project parameters, upgrades and staking protocols.

-Back in March, the Silicon Valley-based investment firm Andreessen Horowitz revealed it was backing Lido because the project democratizes the proof-of-stake process by both making minimum deposit amounts attainable to everyday crypto investors as well as offering an alternative to relying on centralized exchanges.

-Crypto.com says that LDO will be available for purchase using a variety of fiat currencies.

-The next altcoin to join the Crypto.com App is the blockchain transaction tracking protocol Parsiq (PRQ).

-According to the announcement, “PARSIQ is a next-generation platform for real-time monitoring of events across different blockchains, featuring analytics tools for blockchain technology across industries.

-With PARSIQ, users can easily integrate blockchain infrastructures into existing business and workflows.”

-Native token PRQ was built on the Ethereum blockchain and powers the projects ecosystem. Holders can lend their tokens and earn passive income through staking in liquidity pools.