Binance interviews TravelbyBit's CEO in Australia about the recent partnership
Win-Win Partnership
Binance invested 3.5 million Australian dollars (about 300 million yen) in TravelbyBit. In return, TravelbyBit supports Binance Coin (BNB).
TravelbyBit, based in Australia, provides merchants with POS devices that accept payments in digital currencies such as Bitcoin and also offers reservation services to travelers. The company's tools have been rolled out to 150 stores in Brisbane's hospitality, services, and retail sectors, including Fortitude Valley in Agnes Water. Additionally, a bar in Australia already accepts BNB coins.
Mr. Caleb Yeoh stated that TravelbyBit and Binance are a good fit, saying the following;
“We want to see adoption of blockchain and digital currencies expand globally. With Binance's funding, we can focus on building cool products for the community without relying on traditional VC to diverge into another path. Crypto is a social movement. And Binance is aligning TravelbyBit with that community.”
“I believe protecting privacy is key to a free and democratic society. CZ believes that more freedom will make the world a better place. This way of thinking allows our organizations to be closely in sync.”
