Tag: Platform

RWA platform Allo secures $100m Bitcoin-backed credit facility

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Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec. 23, the Allo team announced the platform had successfully secured the Bitcoin (BTC)-backed credit facility in a financing round led by a consortium of lenders. These included London-based digital finance pioneer Greengage and an unnamed U.S.-based institution. Allo, which is seeing massive traction across the Bitcoin staking ecosystem and real-world assets tokenization on BNB Chain, will use the credit facility to boost its crypto-backed lending service. The platform caters…

OKX unveils Ordinals Launchpad platform for direct Bitcoin inscription

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OKX has announced the launch of Ordinals Launchpad, a platform that allows on-chain creators to launch, inscribe and trade collections directly on the Bitcoin ecosystem. The major crypto exchange OKX is bringing Ordinals into the fold by releasing the new Ordinals Launchpad platform for creators who want to launch and inscribe directly on Bitcoin (BTC). The platform provides creators with the tools, exposure and technical support needed to make the Bitcoin inscription process as simple as possible. According to the official notice, the Ordinals Launchpad platform can now be accessed…

Trump’s Crypto Platform Executes Major $10 Million Swap

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Dutch Regulator AFM Approves Payments Platform ZBD for EU MiCA License

ZBD, a payment platform powered by the Bitcoin Lightning network, said the Dutch Authority for the Financial Markets (AFM) approved its application for a European Union MiCA license. When MiCA takes effect and the license is granted on Dec. 30, ZBD will be able to offer a wide range of crypto custody and crypto exchange services throughout the trading bloc, the company, formerly known as Zebedee, told CryptoX on Wednesday. The company first submitted the application in April. The list of applicants receiving a license will be visible on the…

Travel Platform Unleashes Bitcoin Reserve Plan After Breaking $100M Revenue Mark

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Travala hits a $100M revenue milestone, launching a bitcoin-driven treasury plan to boost growth, enhance liquidity, and reshape the future of blockchain-powered travel. Travala Hits $100M Revenue Milestone, Unveils Bitcoin-Fueled Treasury Plan Travala, a Web3 travel platform, announced on Wednesday that it has surpassed $100 million in annual gross revenue, reinforcing its position as a […] Original

Crypto travel platform Travala introduces Bitcoin reserve plan 

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Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue.  The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its financial foundation and support future growth, according to a company release. Travala integrates blockchain technology to offer travel bookings paid with cryptocurrencies and traditional currencies. To expand its reach, the company has partnered with travel metasearch engines like Skyscanner and KAYAK.  Travala’s growth coincides with record highs in the crypto…

Tezos Blockchain Powers New Uranium Trading Platform

Rongchai Wang Dec 04, 2024 17:39 A new decentralized marketplace for uranium trading, powered by Tezos, has launched, revolutionizing access to uranium investments through blockchain technology. A groundbreaking decentralized marketplace for trading physical uranium has been launched, leveraging the capabilities of the Tezos blockchain. This innovative platform, known as Uranium.io, allows users unprecedented access to the uranium market, according to Tezos. Revolutionizing the Uranium Market Uranium.io is supported by Curzon Uranium, a leading uranium trading company, and Archax, the first registered crypto…

Video sharing platform Rumble to allocate up to $20m in Bitcoin for strategic growth

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Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, said in a blog announcement on Nov. 25 that its board had approved a strategy to diversify its corporate treasury by allocating up to $20 million of excess cash reserves to Bitcoin (BTC). The Florida-headquartered public company says the move is meant to accelerate Rumble’s expansion into the crypto field. The company added that its allocation strategy “will include purchases, at the discretion of…