Analysis Crypto by Thebittimes.Com

Tottenham Hotspur embraces blockchain technology, partnering with Chiliz for a Web3 fan token. Fans can participate in on-chain voting and enjoy club-related rewards with the upcoming $SPURS fan token. Stricter regulations from the FCA in the UK prompt disclaimers on fan token offerings, ensuring compliance and transparency. Tottenham Hotspur has entered the world of blockchain technology by announcing its plan to issue a Web3 fan token, making it the first Premier League team to do so in two years. The London-based football club is set to collaborate with the Chiliz blockchain, offering its fans a unique and engaging experience. Chiliz Blockchain revolutionizing fan engagement Spurs’ decision to tap into blockchain technology is driven by a desire to enhance supporter engagement and provide rewards through a Web3 fan token. This innovative move will be facilitated by Socios.com, a fan engagement platform built on the Chiliz blockchain, which has alre...

The two companies have not disclosed the acquisition price. Bitwave completed a $15 million Series A investment round in December 2022. Gilded has over 130 enterprise clients, including mining companies. Bitwave has bought the payments and accounting platform Gilded. The acquisition is anticipated to improve Bitwave’s enterprise solutions, which already include features for crypto payments and invoicing as well as tax tracking and bookkeeping software. Ken Gaulter, chief technology officer of Gilded, will also join Bitwave’s technical team as a result of the acquisition. Only a few months had passed since Bitwave purchased Multisig Media before this acquisition. In a note to a popular media house, Pat White, Bitwave’s co-founder and CEO, said: “We see digital asset payments as faster as and cheaper than traditional payment rails— and in this hyperconnected economy, we expect that to be a game changer for businesses.” G...