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Blockchain Press Releases

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.

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The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.

PARIS, Nov. 25, 2024 /PRNewswire/ — Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.

Pay.so Lithuania operates under one of the strongest and most reliable regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, solidifying its position as a key partner for significant corporations adopting digital currencies. With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions.

This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.

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Chris Butcher, CEO of Pay.So US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume daily, on local payment rails worldwide, all while maintaining airtight compliance”.

Valentin Faye, Head of Legal & Compliance at Request Finance, added, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape. We ensure that our operations meet the highest security and transparency standards and that our clients transact confidently across borders in full compliance with regulations. This positions us to support the largest enterprises as they adopt digital currencies. Plus, offering our users the first in a long line of regulated services enables them to manage all their operations with and from our platform.”

Christophe Lassuyt, CEO of Request Finance, mentioned, “This is a game changer for Request Finance which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account“.

Check out what finance leaders say about Request Finance’s new feature:

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  1. Diego Casanova, Sr Finance Operations Analyst at Decentraland Foundation, mentioned: “We have been using Request Finance since 2022 to streamline our crypto payments. One of the most valuable features for us has been the batch payment option, which simplifies complex transactions. A few months ago, we were introduced to a new feature within the platform, allowing us to make seamless fiat payments using crypto through its off-ramp services. Since then, our experience has been outstanding, with consistent support from the Request Finance team, always attentive to our needs and inquiries.”
  2. Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “Since the Request team introduced crypto-to-fiat payments, our workflow has become incredibly streamlined. The new solution has enabled us to handle both crypto and fiat transactions seamlessly, allowing us to focus more on our core business without worrying about complex conversions and payment tracking. It’s been a game-changer for our team, providing a new level of transparency we’ve been looking for. Needless to say our auditors love it, too.”
  3. Krisztin Lipárdi, COO at Galaxis.xyz, highlights that “Request Finance has honestly changed the way how I at Galaxis handle payments. Earlier I had to use several platforms and I had to separate Crypto and Fiat payments. Seeing all the invoices at one place and the Crypto to Fiat feature has made my life so much easier. The multi-currency options are perfect for my clients across the globe. I really wouldn’t want to go back to anything else!”

About Request Finance:

Request Finance‘s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries.

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Blockchain Press Releases

Bybit Kicks off USDT Festival with 1.5 Million USDT in Prizes

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DUBAI, UAE, March 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency, celebrates financial innovation with the Bybit USDT Festival in a series of events catering to diverse users. From Bybit Card holders to trading pros, Bybit users and community members are sharing over 1.5 million USDT in prizes through various rewards programs.

Festival Highlights

  • USDT Derivatives Trading Challenge

Half a million USDT await qualified traders in USDT options and futures at the 500K USDT Derivatives Trading Challenge from now to Mar. 31, 2025. Participants will receive USDT bonuses based on their contributions to the total trading volume, regardless of profit and loss percentage. This inclusive structure allows both individual and institutional traders to earn additional rewards from the 500K USDT prize pool alongside their trading profits.

  • Spending Smart with the Bybit Card

As part of the USDT Festival, the Bybit Card will activate a limited-time offer for eligible new users. In addition to the 10% cashback exclusive offer for newcomers, successful new applicants will also gain an instant 10 USDT cashback by simply signing up and spending at least 200 USDT or its equivalent. Between Mar. 10 and Mar. 31, 2025, users can maximize their rewards by setting USDT as the default cashback option for future transactions.

  • Bybit Learn: Read-to-Earn USDT Festival Special

Bybit users will be able to take advantage of Bybit Learn’s Read-to-Earn program and enroll in USDT-themed courses for Bybit Earn and Bybit P2P for extra rewards. Starting this March, Bybit Learn will set aside an additional 20,000 USDT for eligible participants.

  • Social and Community Giveaway 

Bybit fans on official social media and Telegram channels are in for surprises in mini interactive giveaways with 40,000 USDT in prizes throughout March.

  • All-Things USDT at Bybit: USDT Festival Livestream

To find out all about the USDT-related benefits and programs at Bybit this spring, users may watch the replay of the USDT Festival livestream featuring speakers from Bybit’s product team, wealth management unit, VIP team, and Bybit Card. Designed to empower traders with expert insights and exclusive opportunities, the livestream was a deep dive into advanced USDT trading strategies, market trends, and an overview of the exclusive perks and competition mechanisms of the USDT Festival.

  • TradeMasters Grand Prix 2025 Series 1

High-stake traders have concluded the USDT-themed March TradeMasters Grand Prix in its first instalment of 2025, dividing up a 1 million USDT prize pool. 

“The USDT Festival represents our commitment to educating and empowering traders in the dynamic cryptocurrency market,” says Joan Han, Sales and Marketing Director at Bybit.  “Stablecoins are facilitating financial opportunities for millions of people and businesses around the world, achieving instant finality and unparalleled cost efficiency. USDT’s utility is its strength, and we are supporting our users in seeking opportunities in the stablecoin ecosystem through Bybit’s powerful platform and offerings,” she said.

USDT is a leading stablecoin that has maintained a $1 peg to the US dollar since its launch in 2014. With a market capitalization exceeding $140 billion at the time of writing, USDT is the most widely traded stablecoin and plays a critical role in the cryptocurrency ecosystem. USDT’s deep liquidity makes it a bridge between fiat currencies and digital assets, enabling seamless transactions and trading within the decentralized finance (DeFi) space.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

AB DAO Accelerates Global Expansion: Now AB Listed on BitMart & HTX AMA to Explore the Future of Web3

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SINGAPORE, March 12, 2025 /PRNewswire/ — AB DAO announced today that $AB has been officially listed on BitMart (bitmart.com). Next, $AB will soon be listed on Lbank (lbank.com) and Biconomy (biconomy.com), further enhancing global liquidity and ecosystem influence.

At the same time, AB DAO has been invited to participate in HTX AMA, discussing AB public chain technology innovation, Real-World Asset (RWA) integration, and Web3 ecosystem development prospects.

BitMart $AB Trading Details

Trading Pair: AB/USDT
Deposit Opening: March 12, 2025, 17:00 (UTC+8)
Trading Opening: March 13, 2025, 17:00 (UTC+8)
Withdrawal Opening: March 14, 2025, 17:00 (UTC+8)
BitMart Official Announcement:
https://bitmart.zendesk.com/hc/en-us/articles/34819457308187 

HTX AMA: AB Public Chain and the Future of Community Governance

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As part of its global expansion, AB DAO has been invited to join the HTX AMA to explore key topics such as Layer-1 blockchain competitiveness, AB’s innovations in Real-World Assets (RWA), cross-chain interoperability, and DAO governance models.

Event Time: March 13, 2025, 20:00 (UTC+8)
AMA Topic: AB Public Chain: Unlocking the Future of Community Governance
AMA Details & Participation Link:
https://www.htx.com/en-us/live/detail/h5?id=67746&invite_code=sbs66223&inviter_id=11351630 

AB DAO Global Ecosystem Continues to Expand

$AB is now available on the following exchanges:

 Bitget (bitget.com)
 HTX (htx.com)
 MEXC (mexc.com)
 BingX (bingx.com)
 BitMart (bitmart.com)
 Hotcoin (hotcoin.com)
 UEEx (ueex.com)
 4E (eeee.com)

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Coming Soon:

 Lbank (lbank.com)
 Biconomy (biconomy.com)

The listing of $AB on BitMart marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders

Stay Updated with AB DAO

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Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

 

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Blockchain Press Releases

BingX Welcomes DeepLink Protocol to Launchpool, Offering 6,666,667 DLC Tokens for Staking

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PANAMA CITY, March 12, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, introduced DeepLink Protocol ($DLC) to its Launchpool, offering its users access to decentralized cloud gaming experience powered by AI and blockchain technology. The staking pools will open from March 14th for 4 days with a total allocation of  6,666,667 DLC tokens. This collaboration aims to accelerate the growth of the web3 gaming ecosystem by supporting the AI, DePIN and decentralized computing industry with cloud-based infrastructure.

Designed for applications like cloud esports, AAA gaming, and remote gaming setups, DeepLink Protocol is transforming cloud gaming on any device by integrating AI Agents, DePIN, decentralized GPU computing, and ultra-low latency cloud rendering into a seamless ecosystem. Supporting 8K visuals and a 1-millisecond response time, it delivers a seamless experience for over 2.7 million users across 120 countries.

Bringing DeepLink Protocol to BingX Launchpool enhances the platform’s value proposition by introducing a new dimension of blockchain-powered gaming. This integration enables BingX users to benefit from DeepLink’s innovative ecosystem at no cost while reinforcing the platform’s position at the forefront of Web3 advancements.

“At BingX, we are committed to connecting our users with the most promising innovations in the Web3 space,” said Vivien Lin, Chief Product Officer of BingX. “DeepLink Protocol represents a game-changing evolution. Through this Launchpool, we empower our users to access and benefit from emerging blockchain ecosystems while reinforcing BingX as a gateway to the future of decentralized applications.”

This Launchpool event gives users the opportunity to easily engage with DeepLink Protocol before its spot trading goes live. This new integration provides early access to innovative blockchain projects while reinforcing BingX’s commitment to bridging decentralized technology with real-world applications.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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