Crypto CurrenciesBlockmate launches cryptocurrency instant-buy services

Globe Newswire Globe NewswireNovember 3, 20227 min

Blockmate Ventures inc (TSX.V: MATE) (FSE: 8MH1) (“Blockmate” or the “Company”) announces that it has launched new cryptocurrency instant-buy websites on the premium domains: blockchain.com.au (Australia) and blockchain.eu (Europe).

The websites facilitate purchasing of cryptocurrencies through a user-friendly interface where purchases can be funded by a credit card or local payment methods. These payment gateways are tailored to simplify onboarding experiences and are anticipated to generate targeted internet traffic based on the simplicity of their domains. Both domains are owned by Blockmate subsidiary Blockchain World Ltd which owns a wider portfolio of registered domains for the blockchain and cryptocurrency sectors.

Upon arrival at the websites, customers are invited to select a cryptocurrency that they wish to purchase, and then nominate a digital wallet to receive the currency upon checkout. Future website updates are expected to also include the option to create a digital wallet address within the website. New cryptocurrencies will also be regularly added to websites. Revenue for Blockmate will be dependent on uptake and transaction volumes.

Andrew Smith, CEO of Blockchain World commented, “The launch of blockchain.com.au and blockchain.eu are examples of how Blockmate can monetise a deep portfolio of digital assets suitable for the blockchain and crypto sectors. Onboarding from fiat to crypto is one of the biggest challenges for customers new to the crypto space so addressing these issues with our premium domains enables Blockmate to monetise ownership while the domains appreciate in value as interest in the blockchain space grows.”

“Although the sector is currently undergoing a Crypto Winter, we anticipate higher website traffic and demand for crypto onboarding as the sector cycles, similar to previous downturns.”

In 2021 there were 239.3 million crypto users globally. This number is forecasted to reach 347.7 million by 2027 with the industry growing at an annual growth rate of 16.4% [1]. The industry growth rate further projects annual revenue from the cryptocurrencies segment to reach USD $74.30 billion by 2027.

Blockmate Ventures Investor Webinar/Briefing

Register Now: https://us02web.zoom.us/webinar/register/WN_aD6UkVOkRgqJ_OVO2fYoHw

On Thursday 3rd November at 12pm EST (Eastern Standard Time), Blockmate Ventures will host a special investor briefing to provide investors with a presentation of the Blockmate business.

The briefing will include an update from Blockmate CEO & President Dom Carosa who will also be joined by Blockchain.EU CEO and Co-Founder Andrew Smith.

Presentation topics will include:

  • Blockmate’s blockchain incubation vision and successful track record of projects
  • The Blockchain.EU business model
  • The Hivello business model
  • An updated strategy for Blockmate’s asset Midpoint
  • Update on this annoucement

Following the presentation, Mr Carosa and Mr Smith will answer questions from investors and analysts in attendance.

Investors are invited to attend by registering here: https://us02web.zoom.us/webinar/register/WN_aD6UkVOkRgqJ_OVO2fYoHw

Upon registration, a joining link will be sent to the registered email address which will also include instructions for how to attend the briefing using a computer or smart device with a valid internet connection.

Investors can learn more about Blockmate from the recording of an investor briefing held in June 2022 herehttps://www.blockmate.com/videos

Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at: https://www.blockmate.com/subscribe

  1. https://www.statista.com/outlook/dmo/fintech/digital-assets/cryptocurrencies/worldwide

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

Globe Newswire

Globe Newswire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2023 © All Rights Reserved