Verge seemed to be doing more than then well as XVG, along with the majority of currencies in the market, was trading in the green while trying to draw a rebound out of the latest dip that lasted for more than eight weeks. However, the thing that placed Verge in the spotlight of today’s news from the cryptoverse is the fact that TokenPay has just signed a deal with a German bank.
Thanks to this deal made by TokenPay, Verge will make it to the new level of exposure and mass adoption with XVG debit cards being released pretty soon. Let’s go through the details revolving around this deal, as well as to analyze potential gains for Verge in this story.
How Verge Found Support in TokenPay Verge seems to have found an amazing ally in TokenPay, as TokenPay even supported XVG in the crowdfunding campaign they have launched in order to collect 75 million XVG for the purpose of acquiring a very important partnership that later on turned out to be the start of an important collaboration between MindGeek and Verge. This partnership will lead Verge towards being used as a payment method on one of the largest adult entertainment platforms, Pornhub.
When asked about the reason for aiding Verge in acquiring this partnership, TokenPay representatives stated that the further step and their collaboration with Verge on their next project depend partially on the funded partnership. Later on, we were able to find out that TokenPay was planning on buying off 9.9% of a German bank located in Munich, which would lead to the next stage of crypto mass adoption.
Just like XVG found a real-life purpose and application with MindGeek partnership, that is exactly how the mass adoption process for XVG would be further supported by TokenPay and the German bank project. TokenPay representatives also explained how they are planning on buying off the mentioned percentage of shares in this bank so they would be able to launch crypto debit cards. Read more from globalcoinreport.com…
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