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Spanish Telecoms Firm Telefónica Invests in Crypto Exchange Bit2Me

After Bit2Me added a payment feature, Telefonica was able to activate purchases using crypto on its technology marketplace....
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After Bit2Me added a payment feature, Telefonica was able to activate purchases using crypto on its technology marketplace.

Telefonica, Spain’s largest telecommunications firm, has enabled the purchase of products through its technology marketplace using cryptocurrencies.

After Bit2Me added a payment option, Spain’s largest crypto-exchange, the company was able to activate purchases using crypto on Tu.com, according to CoinDesk.

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Telefonica also invested in Bit2Me. The exchange confirmed this to CoinDesk. They added that they will release more information on the investment in the coming weeks.

Spanish telecoms company also has its NFT marketplace on Polygon blockchain, which is first integrated with MetaMask.

Telefonica has recently signed deals to develop projects in metaverse. These deals include Qualcomm and will allow it to explore potential opportunities in the service and product segment of the metaverse.

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Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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