Gaming Hardware Giant Razer’s Venture Arm Leads $4 Million Investment In Singapore Crypto Payment Startup

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Zventures, the venture arm of Singapore billionaire Min-Liang Tan’s gaming hardware giant Razer, has led a $4 million funding round for TripleA, a crypto payments startup based in Singapore.

“Triplea is a clear leader in crypto payments, an area of ​​interest and relevance to us in the gaming sector,” said Li Meng Lee, Razer’s Chief Strategy Officer. Statement, “We look forward to this strategic partnership with them, leveraging our existing ecosystem of hardware, software and services to accelerate their growth and adoption.”

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Founded in 2017 by its CEO Eric Barbier, TripleA’s service allows companies such as e-commerce platforms and game developers to accept payments in cryptocurrencies. In April, Charles & Keith, a Singapore-based footwear and accessories brand owned by the billionaire Wong brothers, partnership To allow its customers to pay in crypto with TripleA.

In November 2021, TripleA received a digital payment token License The country’s central bank, by the Monetary Authority of Singapore, became the first crypto payments company to receive such a license in the city-state, according To triple.

“This strategic investor partnership with ZVentures brings knowledge, connections and mentorship to the gaming sector for TripleA, a leading vertical for crypto payments,” said Barbier. Zventures’ other portfolio companies include Hong Kong-based blockchain powerhouse Animoca Brands.

Credit: www.forbes.com /

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