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Bit2Me and droppGroup announce a strategic alliance to bring Web3 to its main global clients

MADRID, 20 Sep.

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Bit2Me and droppGroup announce a strategic alliance to bring Web3 to its main global clients

MADRID, 20 Sep. (EUROPA PRESS) -

The cryptocurrency company Bit2Me, registered with the Bank of Spain and backed by Telefónica, Investcorp and Inveready, has announced a new strategic alliance with the provider droppGroup to promote Web3 technology for its main clients, as reported this Wednesday by the asset company digital in a press release.

Specifically, Bit2Me and droppGroup, a leading Web3 technology provider with offices in New York, Toronto, London and Riyadh, are accelerating the adoption of Web3 technology solutions by offering innovative tools and insights to their respective global customers.

Bit2Me has explained that the collaboration also includes the creation of a 'tokenized' network and a rewards program that will allow both companies to jointly serve a larger share of the market. Likewise, Bit2Me will "host" the issuance of the droppGroup token for its global clients, he explained.

Specifically, this token will be a "vital" component of droppGroup's innovative technology solutions and will unlock a range of services and computing tools from technology provider Web3.

In the same vein, the token will also boost droppGroup's Web3 rewards capabilities, incentivizing users to participate in the network and contribute to its growth.

Bit2Me co-CEO Koh Onozawa stressed that this strategic alliance with droppGroup is a "very important boost" for the company's Business Solutions business globally, as it expands its presence beyond the European Union. (EU) to fulfill its mission of driving mass adoption of Web3, blockchain technology and cryptocurrencies.

For his part, the co-founder and president of droppGroup, Faisal Almonai, said that this union between both companies represents a "significant" step in promoting Web3 innovation for companies in Saudi Arabia and around the world.