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Stuck in a busy schedule and don’t have time to keep up encryption world? If this is the case, we can be excellent partners. We have collected some of the most relevant encrypted business news items for you to keep abreast of.
Voyager Digital, partner of the National Women’s Football League, supports crypto brokerage
With the mission of providing player financial support, Cryptocurrency education, National Women’s Football League (NWSL) and Voyager Digital (a Cryptocurrency trading Platform) to work together.
As announced on Tuesday, Voyager is NWSL’s first crypto trading partner and has established a multi-year partnership. According to the trading website, “a significant portion” of the investment will be used to fund the cryptocurrency accounts of roster players. Starting in 2022, NWSL plans to have 12 clubs, which will benefit as many as 312 players from Voyager’s cooperation.
NWSL interim CEO Marla Messing said: “Voyager’s financing in the league is particularly innovative because we have established this relationship, including providing direct cash resources for each of our players, as well as the revolutionary development of digital assets. educate.”
As quoted in the contract with Voyager, a player will serve as an ambassador for each team of NSWL, produce cryptocurrency-related content and participate in educational programs.
The exchange said it will provide “important lessons and tools” to help players develop long-term financial growth prospects after their sports career ends. As the cryptocurrency space grows and it seems more profitable as a sponsor, many cryptocurrency companies and platforms have reached agreements with global sports groups.
After the October contract, Voyager has become a global partner and cryptocurrency broker of the basketball team Dallas Mavericks. In June, FTXAn encrypted derivatives exchange said it has signed an agreement to become the official sponsor of Major League Baseball.
Voyager Digital was established in 2018 and now provides more than 60 digital assets for trading, as well as services such as output agriculture on its mobile app. In October, the platform reported that it had received $75 million in investment from crypto-quantitative trading company and liquidity provider Alameda Research.
The Giving Block launched a cryptocurrency donation option
The Giving Block is an online platform that enables charities and NGOs to accept donations of digital assets and customize services for large-scale encrypted donations.
The Giving Block announced on Wednesday that it has partnered with Tax position, An encryption tax company, Friedman LLP and REn launched a solution focused on institutions, individuals, and consultants, hoping to minimize their tax risks when donating crypto. Pat Duffy, co-founder of Giving Block, said that private customer service enhances the company’s existing procedures, allowing “high-value contributors to quickly and safely donate to their favorite charities, while reducing Their tax burden.”
The platform provides more opportunities for individuals who want to make large donations, reduce capital gains taxes, and get more reimbursement when reporting to the IRS. Giving Block’s “high-value donors” have access to accounts, appraisers, and crypto tax experts to ensure seamless transactions and follow-up reports.
As the holidays in various countries/regions begin, some people choose charity instead of giving gifts to family and friends. Last week, Giving Block CEO Alex Wilson stated that the network is expected to process more than $100 million in cryptocurrency donations by 2021, an increase of $4 million from the previous year.
This holiday, some trading platforms have authorized the gift of cryptocurrency. Block revealed on Tuesday that users of its Cash App can donate as little as $1 in Bitcoin or stocks as gifts, just as they can send cash. In addition, as announced by a fintech company, Unbanked, it is accepting a US Marine Corps program to provide gifts to children, which collects and distributes cryptocurrency donations of toys to poor children.
Ramp raises $53 million to help adopt DApp
On Wednesday, the cryptocurrency to fiat currency payment gateway ramp reported that it received $52.7 million in Series A funding led by Balderton Capital, NFX, Seedcamp, Galaxy Digital, Firstminute Capital and angel investors. Ramp claims that developers can integrate their decentralized applications with their platforms in just a few hours, allowing their partner companies to provide encryption services. Mozilla, Aave, Opera Browser, Axie Infinity, Dapper Labs, Argent, Trust Wallet and Zerion are some of the more than 400 partners. In addition, the company has successfully obtained regulatory licenses from the United Kingdom, the United States and Poland.
Ramp is now used to buy and sell game content in the fantasy football NFT game Sorare, and to recruit new players in the monster fighting NFT game Axie Infinity. The developers of Ramp hope to expand the software in the future to enable financial institutions to facilitate encrypted transactions in their banking applications.
Szymon Sypniewicz, the co-founder and CEO of Ramp, issued the following statement on this evolution, “Our mission is to give people quick access to cryptocurrencies from trusted sources.”
Morgan Bellar, general partner of NFX and member of Ramp’s board of directors, added: “When looking at the Internet 3.0 company, I questioned’will this product help new online consumers enter the field?’ Of course, does this product have any network effects? The ultimate solution to both problems is Ramp. The ability to take web3 to the next level of acceptance is unique.”
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