Börse Express – Banxa launches direct cash-to-NFT cash solution for the NFT market

Important key data:

Banxa enters the market with its new payment tool to buy fiat currency NFTs $ 17 billion NFT market (1) one; market access is via the leading NFT marketplace Atomic Hub.

In April it wasn agreement with a number of important new partners, including BitForex, Umbria and CoinTiger, belowpulls.

5 new coins and blockchains have been added, including HBAR, LUNA and WAXP.

The total transaction value (TTV) of AUD 79 million. (USD 56 million) corresponds to market volume.

TORONTO and MELBOURNE, 11. Able to, 2022Banxa Holdings incl (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or “The Company”) announces the launch of its new products Fiat for NFT box together with his partner Atomic Hubthe leading marketplace for non-fungible tokens (NFT), famous. The NFT consumer market has seen one fasts growth laid down, and banxa is could participate in this growing market with this product launch. The company’s global partner network thus gives access to millions of end users, the NFTs possible eggSimply want to buy with credit card.

This product launch has been done in collaboration with Atomic Hub – the leading play-to-earn NFT marketplace and provider of significantlyn Collections like Atari, Hasbro and Hot Wheels. Banxa has an infrastructure built on top of the WAX ​​blockchain (WAX is certified CO2 neutral and is recognized as the highest performing API-enabled blockchain with the fastest e-commerce transactions) and is Therefore convinced of it here first of numerous partnerships in the ecosystem was madeWith those Friction loss with NFT purchase is reduced must. NFT revenue growth is expected to exceed 17 in 2021 billion The USD has risen and the market for benefit-oriented NFTs is booming thus, NFTs have quickly become an integral part of the Web3 ecosystem.

Holger Arians, CEO of Banxa states: “We at Banxa are excited about our new fiat-to-NFT box based on our on- and off-ramp base products to be able to build. We know that there is a lot of friction in buying NFTs, and we believe that our box product makes the purchase of NFTs from our partners that will make it easier for consumers. It is therefore all the more important for us to have additional access points both inside and outside the cryptocurrency marketes to create. “

During the April period, Banxa announced five new partners, including the leading crypto-trading platform BitForex with over 5 million users, the crypto exchange CoinTiger in Singapore and the DeFi platform umbrien.

During the same period, the team also added the following five new coins and blockchains:

HBAR in the original hash graph Hedera

LUNA on the native blockchain TERRA

UST on the native blockchain TERRA

WAXP on the native blockchain WAX

USDC in the original hash graph Hedera

Banxa makes it clear once again that it is important for him to expand his global partner network of exchanges, wallets, dApps and NFT marketplaces as widely as possibles spectrum of coins and blockchains.

At the end of April, Banxa also had a total transaction value (TTV) of A $ 79 million (US $ 56 million), in line with the market decline and peer basis.

(1) Source: https://atelier.net/news/the-2021-nft-market-report-presented-by-nonfungible

TSX Venture Exchange and its regulatory bodies (referred to in TSX Venture Exchange’s policies as Regulatory Service Providers) assume no responsibility for the adequacy or accuracy of this release.

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FOR THE BOARD OF DIRECTORS

iA: “DOMENIC CAROSA” https://twitter.com/dcarosa

Dominic Carosa

Chairman (1-888-218-6863)

BANXA Holdings Inc. (TSX-V: BNXA) (OTCQX: BNXAF) (FSE: AC00)

Banxa operates the world’s largest digital asset platforms by providing payment infrastructure and regulatory compliance in global markets. Banxa’s mission and vision is to build the bridge that gives people everywhere access to a fairer financial system. Banxa is headquartered in Melbourne, Australia, while its European headquarters are in Amsterdam, the Netherlands.

For more information visit www.banxa.com

The source language (usually English) in which the original text is published is the official, authorized and legal version. This translation is included for better understanding. The German-language version can be abbreviated or summarized. No responsibility or liability is accepted for the content, accuracy, sufficiency or accuracy of this translation. From the translator’s point of view, the report does not constitute a buy or sell recommendation! Please see the original English message www.sedar.com, www.sec.gov, www.asx.com.au/ or on the company’s website!

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