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Litecoin Foundation has joined hands with the martial arts company based in the United States – Ultimate Fighting Championship (UFC) sponsor the next event that promotes the use of Criptovaluta. The move also improves the chances of widespread adoption of cryptocurrency as a payment mechanism.
Litecoin (LTC) announces the sponsorship of UFC 232: JONES vs GUSTAFFSON 2
The Litecoin Foundation announced the sponsorship of the match between Alexander Gustafsson and Jon Jones & # 39; UFC 232: JONES vs GUSTAFFSON 2 & # 39 ;. The former light heavyweight champion & # 39; Jones & # 39; will fight with the current champion in the California Forum – Gustafsson at this event scheduled on December 29, 2018. The event boasts the Litecoin logo on an Octagon canvas. It will be watched by millions of sports fans and a great result for the company.
According to the statements of Litecoin Foundation, it is the first in the sector to come forward to sponsor and promote a UFC event. It is another milestone for crypto-space and blockchain technology.
Blockchain related projects promote the growth of the economy throughout the world through partnerships and sponsorships
It is significant to note that blockchain-based projects are supporting the growth of the global economy through partnerships and sponsorships, despite the recent decline in cryptocurrency prices, including Bitcoin (BTC).
The Litecoin Foundation joins forces with TokenPay Swiss AG to acquire a 9.9% stake in WEGBank AG
The Litecoin Foundation joined TokenPay Swiss AG to acquire a 9.9% stake in WEGBank AG, a bank based in Germany. The agreement also allows both companies to acquire 90% of the bank. The acquisition is subject to regulatory approval.
After the acquisition, WEGBank AG will support TokenPay using its technology at the forefront and specializing in marketing. It also supports various TokenPay blockchain initiatives such as Tokensuisse Asset Management, Multisignature Transaction Engine, WEG Bank Fintech Platform, Efin Decentralized Exchange and Tpay Cryptocurrency.
Charlie Lee, managing director of Litecoin Foundation, has defined the alliance with TokenPay Swiss AG as a significant step for TokeyPay and Litecoin. He also stated that the company intends to integrate Litecoin with all the offers from WEGBank. The initiative allows customers to purchase and use Litecoin.
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