Crypto SNACK, a Tallinn, Estonia-based iGaming token, secured a $50m investment commitment from GEM Digital Limited.
The company plans to invest its new funding from GEM into further connectivity with top crypto exchanges, add to its growing portfolio of global professional sports partnerships, as well as continue to build out its blockchain technology and infrastructure.
Led by Stuart Morrison, CEO, Crypto Snack aims to become a community-focused utility token, connecting the digital and physical worlds. It is accepted as a method of payment for more than 800 businesses online.
Earlier this year, the company partnered with RCD Espanyol, making the team the first La Liga club to accept payments in cryptocurrencies, the first of many future partnerships designed to bring the efficiency of digital assets further into the world of sports, entertainment, and beyond by onboarding crypto payments for real-world experiences.
FinSMEs
28/07/2022