Animoca Brands has partnered with Hi, an innovative neobanking app that offers cryptocurrency exchange services, digital banking, and personalized NFT debit cards. Let’s dive in!
TL;DR:
Game-Changing Web3 App: Cryptocurrency Exchange, Digital Banking, NFT Debit Cards
As part of its expanding ecosystem, Animoca Brands’ investment firm plans to invest in the Web3 app. Significantly, it combines cryptocurrency exchange, digital banking, and a customizable NFT debit card offering. A key aspect of this collaboration is to enhance the utility of various Web3 tokens and NFTs. Additionally, the Hi ecosystem features Web3-integrated financial applications, and its Hi protocol operates as an Ethereum Virtual Machine-compatible sidechain.
With a global reach, Hi’s service will help users to make payments with fiat or cryptocurrencies at over 90 million merchants worldwide using Mastercard services. Moreover, Hi’s focus on Web3 will undoubtedly attract enthusiasts seeking to showcase their prized NFTs.
Animoca Brands is a company that has invested in various NFT and Web3 projects. Therefore, this partnership with Hi holds significant value. Notably, investment commitments will commence once both parties sign definitive agreements.
Furthermore, Hi has already secured approval as a virtual asset service provider in Lithuania. Plus, it is recognized as a digital currency operator by Italy’s payments service regulator. The platform is also making progress in Asia. Currently, there is ongoing pre-registration to obtain a VASP license through the Hong Kong Securities and Futures Commission. This progress reflects Hi’s determination to establish a strong presence in the region and beyond, and NFT debit cards are the next step!
In conclusion, Animoca Brands’ partnership with Hi marks a significant step forward in the Web3 landscape. Significantly, with the introduction of an innovative neobanking app that offers a unique blend of cryptocurrency exchange, digital banking, and personalized NFT debit cards. This collaboration holds great promise. Both for amplifying the utility of Web3 tokens and NFTs, and catering to the growing interest in the crypto space.
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As always, make your own research prior to making any kind of investment.
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