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Soneium and Transak Announce Partnership to Boost Crypto Adoption

This integration is particularly significant for the gaming industry, offering gamers a fluid experience in purchasing, trading, and transferring in-game assets and NFTs through familiar payment methods.

Transak, a prominent Web3 payment infrastructure provider, has partnered with Soneium, an innovative Ethereum layer 2 solution crafted using the Optimism protocol. This collaboration aims to facilitate the entry of mainstream users into the Web3 space, focusing on sectors such as gaming, music, and more. Soneium’s launch was initially announced on August 23.

Transak is now integrated into the Soneium ecosystem, enhancing access to projects and tokens launched on Soneium for global users. Known for its extensive reach, Transak services over 350+ apps and 5.7 million users. Its payment system, operational in over 160 countries, allows users to transact using common methods like credit cards, debit cards, Apple Pay, and Google Pay, thus bridging the traditional Web2 and the emerging Web3 technologies.

Sota Watanabe, CEO of Startale, expressed enthusiasm about the partnership: “Our team is working closely with Transak, who share the mission to go Mainstream with Soneium. Transak’s dedicated solutions for multiple industries will empower developers to build innovative solutions, and we look forward to supporting the development of groundbreaking projects on Soneium.”

This integration is particularly significant for the gaming industry, offering gamers a fluid experience in purchasing, trading, and transferring in-game assets and NFTs through familiar payment methods. Transak’s tiered KYC process and localized payment options simplify microtransactions, enhancing the overall gaming experience and fostering broader adoption of blockchain technology.

“We are thrilled to collaborate with Soneium in shaping the future of the Web3 ecosystem. By leveraging our robust payment infrastructure, we aim to make blockchain technology more accessible and inclusive for millions of users worldwide. This collaboration underscores our commitment to bridging the gap between Web2 and Web3, empowering industries such as gaming and entertainment with innovative solutions that enhance user experiences and drive digital transformation,” said Sami Start, Co-Founder and CEO of Transak.

Beyond gaming, the partnership promises to revolutionize the entertainment industry. Musicians, filmmakers, and other content creators will find new opportunities to distribute and monetize their work, with blockchain technology ensuring transparency, security, and fair compensation.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.