NFT Debit Cards: Revolutionizing Finance

Animoca Brands, an investment firm that specializes in NFT and Web3 projects, has announced a partnership with Hi, a neobanking app that offers cryptocurrency exchange services, digital banking, and personalized NFT debit cards. This collaboration aims to enhance the utility of Web3 tokens and NFTs within the Hi ecosystem.

One of the key features of Hi’s service is its global reach, allowing users to make payments with fiat or cryptocurrencies at over 90 million merchants worldwide using Mastercard services. This will undoubtedly attract enthusiasts who are eager to showcase their prized NFTs.

The partnership between Animoca Brands and Hi holds significant value. Investment commitments will commence once both parties sign definitive agreements. Hi has already obtained approval as a virtual asset service provider in Lithuania and is recognized as a digital currency operator by Italy’s payments service regulator. The platform is also making progress in Asia, with ongoing pre-registration to obtain a VASP license through the Hong Kong Securities and Futures Commission.

This partnership marks a significant step forward in the Web3 landscape. The introduction of Hi’s innovative neobanking app, which combines cryptocurrency exchange, digital banking, and personalized NFT debit cards, holds great promise. It not only amplifies the utility of Web3 tokens and NFTs but also caters to the growing interest in the crypto space.

As always, it is important to conduct thorough research before making any investment decisions. The opinions expressed in this article are not recommendations, and it is advised to make independent judgments based on personal research.

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