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Blockchain Press Releases

Optty partners with Triple-A to expand payment architectures into Cryptocurrencies

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Partnership adds cryptocurrency as a payment option for merchants using Optty’s universal payment platform 

SINGAPORE, July 31, 2023 /PRNewswire/ — Optty, the world’s first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy Now Pay Later (BNPL) providers, this milestone marks the launch of Optty’s sixth payment architecture, further expanding viable payment options for merchants and convenience for their end customers.    

Sign-up and integration with Optty is free. To get started, please visit: https://www.optty.com/merchant-account

“As the world’s first true universal payments platform, Optty is agnostic and supportive of payments inclusion, a unique position that is designed to help retailers offer more choice than ever at checkout,” said Natasha Zurnamer, CEO and founder of Optty. “With one simplified integration, not only can retailers access over 90 BNPLs and local payment methods in over 120 countries — they can now switch on crypto payments, a natural progression in our aim to simplify payments for retailers all over the world.”    

The first crypto payment gateway to be licensed by the Monetary Authority of Singapore, Triple-A is also licensed in Europe, through Banque de France’s ACPR, and registered with the United States Financial Crimes Enforcement Network (FinCEN). Through the collaboration with Triple-A’s white label crypto payment gateway, Optty enables retailers and merchants to offer a wide range of payment methods. This allows them to test and learn which payment types best resonate with their customers.

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Tapping into diverse consumer payment preferences

With Optty’s vast global network of gateways that license the company’s unique payment stacks, merchants and retailers can now leverage Triple-A’s gateway to accept cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). Triple-A’s crypto payment gateway is compatible with all crypto wallets, allowing customers to make hassle-free payments using their preferred wallet.

Through real-time crypto-to-fiat conversions facilitated by Triple-A, retailers can receive payments in cryptocurrencies without the need to manage them on their balance sheets and constantly monitor fluctuating exchange rates. Retailers enjoy next-day local currency bank settlements in 50+ currencies, enabling quick access to funds in their preferred currency. Additionally, businesses have the option to offer their customers the convenience of paying through Binance Pay. 

Optty already offers Buy Now Pay Later, Debit and Credit, Digital Wallets, Peer to Peer payments, and bank transfer options, and the addition of crypto enables merchants to tap into the spending power of 420 million crypto owners worldwide. Optty plans to further expand payment architectures to a total of nine by the end of 2023. 

“We are excited to partner with Optty and bring crypto payments to their merchants,” said Eric Barbier, CEO of Triple-A. “This collaboration will help merchants take advantage of the growing demand for cryptocurrency payments, without the hassle of managing crypto assets on their balance sheets.”  

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Disruption through simplification

Previously, retailers and merchants would need to spend a great deal of time and money on complex, one-by-one payment integration processes. Optty changed all this by eliminating it, revolutionizing the way merchants access payments methods globally. Available across ecommerce, IVR, and in-store, it is a true PaaS that offers retailers a simplified integration while providing a seamless and direct commercial partnership channel, enabling an application process with every payment provider in the solution. 

About Optty

As a PaaS, Optty is the world’s first true universal payments platform that integrates over 90 installment (BNPL) brands — more than any other existing single integration solution globally — and offers six payment architectures, soon to be nine by the end of 2023. Its payments-, partner- and channel-agnostic approach delivers wide payments connectivity globally to schemes, acquirers, gateways and retailers alike and offers a full white-label, customisable interface with hierarchy built in for network expansion ease. 

For more information, please visit: https://www.optty.com/

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About Triple-A

Triple-A is a licensed crypto payment gateway that helps businesses increase their revenue by enabling crypto payments and payouts, giving them access to the spending power of the fast-growing 420m+ cryptocurrency users.

Triple-A’s white label crypto payments solutions allow businesses from all industries to leverage the benefits of the growing crypto market without being exposed to volatility risk or having to handle or convert digital currencies. Their solutions are compatible with all wallets, easy to integrate and offer instant confirmation, locked-in exchange rates and chargeback protection.

Licensed by the Monetary Authority of Singapore (MAS) and trusted by over 15,000 businesses, Triple-A makes accepting crypto payments simple for businesses across the globe.

For more information, please visit https://triple-a.io/.

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Logo – https://mma.prnewswire.com/media/1804549/Optty_Optty_Blue_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/optty-partners-with-triple-a-to-expand-payment-architectures-into-cryptocurrencies-301888944.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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