Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto
The blockchain-based travel agency's partnership comes as booking rates surge from their COVID-19 lows.
Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal. The Nasdaq traded company took an “indirect controlling stake” in the entity that owns Longroot on Thursday, one day after buying up a third of Longroot minority shareholder […]
The integration will mean Rakuten Travel Xchange customers can opt to use ShareRing's self-sovereign identity app to access bookings.
The funding will go toward the launch of a multi-currency wallet.
"In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero.
The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before.