Pioneering Progress: Crypto.com, Bitget, and other companies redefining the technology landscape

This week’s update explores a variety of developments, from innovative token trading and AI-based finance to building seamless Web3 gaming experiences.

Major companies like Crypto.com, Bitget, and Circle of Games are not only advancing the digital economy but also changing the way we interact with technology.

As these pioneers push boundaries, their collaboration promises to redefine the future of finance, gaming, and more, creating a new era in which the lines between the digital and physical worlds blur in exciting ways.

Bitget and Fiat24 offer cryptocurrency PayFi solutions.

Cryptocurrency leader Bitget has teamed up with Swiss fintech innovator Fiat24 to push the boundaries of cryptocurrency payment solutions. The partnership aims to provide seamless integration between digital assets and traditional financial systems, focusing on Ethereum (ETH), Bitget Token (BGB), and USD Coin (USDC).

Bitget’s existing services, such as Bitget Pay for instant low-cost cryptocurrency payments and the globally recognized Bitget Card for converting cryptocurrency to fiat, have laid a strong foundation. Fiat24 complements this with a blockchain-based banking platform, offering Swiss offshore accounts and Mastercard debit cards to users in over 65 countries, enhancing transparency and user ownership.

Together, the two companies envision reshaping access to finance. Bitget plans to make cryptocurrency payments a mainstream reality, and Fiat24’s infrastructure ensures secure and user-friendly transactions.

Gracy Chen, CEO of Bitget, emphasized that this partnership is a key step towards empowering users around the world, especially those who do not have access to traditional banking services through cryptocurrency-backed financial solutions.

This collaboration marks an important step in advancing PayFi technology and portends a future where digital currencies play a central role in everyday financial activities. Bitget and Fiat24 aim to make cryptocurrency a universal financial tool by driving innovation and adoption.

COG’s Web3 Gaming Partnership

The Circle of Games (COG) has taken a significant step forward in casual gaming innovation by unveiling its web3-based gaming platform at the Global Gaming Show in Dubai. The platform integrates blockchain technology and user-friendly gameplay to provide an accessible experience for blockchain novices and gaming enthusiasts alike.

Key industry players, including Nazara Technologies and The Hashgraph Group, support this groundbreaking initiative. The platform debuted with six games, including popular titles like Chess and Ludo-Classic, demonstrating how blockchain can be seamlessly integrated without overwhelming users.

COG aims to expand its offering to 10 games by early 2025 to reach more users with diverse interests. The platform, which leverages the Hedera blockchain, currently has 500,000 active users and is targeting 25 million users globally over the next two years.

With its launch in Dubai, COG aims to rapidly expand into the MENA region, including Saudi Arabia, Egypt and Turkey, as part of its ambitious plans to attract millions of players by 2027.

CEO Rabilal Thapa emphasized the company’s vision to increase accessibility to blockchain technology while enhancing the gaming experience. As gaming continues to evolve, COG is leading the way in bridging traditional gameplay with the decentralized web3 world.

bitgrit & BTSE launch BGR token

Japanese AI innovator bitgrit has taken a pivotal step in combining artificial intelligence and blockchain by launching the BGR token in collaboration with global cryptocurrency exchange BTSE. This strategic partnership allows bitgrit to expand its global reach while giving users secure and efficient access to BGR tokens.

In addition to providing a trading platform, the token’s listing on BTSE increases awareness among global investors. Through careful preparation, bitgrit aims to integrate BGR into the BTSE ecosystem and make it available to a variety of people around the world. Creating practical applications that bridge the gap between cutting-edge technology and everyday use is bitgrit’s larger goal, and this milestone aligns with that.

By leveraging BTSE’s vast network to drive adoption, this collaboration also opens the door to increasing bitgrit’s market presence. The BGR token is the backbone of the bitgrit ecosystem, which aims to bring together investors, data scientists, and developers to unlock the full potential of AI.

Bitgrit and BTSE are collaborating to redefine the role of technology by combining AI and blockchain to produce innovative global solutions. Their goal is to develop a decentralized economy that fosters innovation and sustainable growth.

The partnership between Formula 1 and Crypto.com, which started in 2021, has been extended until 2030. This renewal highlights the two groups’ shared goals of increasing fan engagement and enhancing education about the Bitcoin market.

Since the relationship began, Formula 1 has attracted enormous interest globally, with a total TV audience of 1.5 billion, 750 million fans and 96 million social media followers. At the same time, Crypto.com has become the undisputed leader in the cryptocurrency sector with a user base of over 100 million users worldwide.

As part of the long-term agreement, Crypto.com will focus on delivering unique fan experiences and activations across various Grands Prix, including prominent branding throughout important races. Through this agreement, Crypto.com, which has participated in the 2022 Formula 1 Crypto.com Miami Grand Prix, will be able to maintain its status as the official title partner of the event.

Steven Kalifowitz, Chief Marketing Officer at Crypto.com, is optimistic about the future of cryptocurrency and the potential for partnerships, emphasizing the importance of Formula 1 in increasing the brand’s global visibility. This activation is consistent with Crypto.com’s lofty goal for 2025: to position Crypto.com as the premier destination for all things digital currency and cryptocurrency.

Crypto.com is the undisputed market leader in Bitcoin services and has just launched Crypto.com Custody Trust Company, a US-based trust company. This change allows the company to provide secure asset holding services to eligible institutions and clients in the United States and Canada.

Next week, digital assets for consumers in the region will be easily transferred to the new platform. Crypto.com has assured users that they will maintain uninterrupted access to their accounts and money during the transition period and will be kept updated at every step.

“This is a groundbreaking move,” said Kris Marszalek, Crypto.com co-founder and CEO. He highlighted the platform’s ongoing efforts to improve its services and grow its presence in these important areas, and said it strengthened the company’s confidence in the North American cryptocurrency landscape.

In a separate announcement, Crypto.com said it had partnered with Deutsche Bank to support corporate banking operations in Singapore, Australia, and Hong Kong. The collaboration aims to improve operational efficiency while laying a strong foundation for further expansion.

Karl Mohan, Crypto.com’s General Manager APAC and MEA, emphasized that collaboration with renowned financial institutions highlights Crypto.com’s focus on security, compliance and global growth.