German fashion designer Philipp Plein forecasted that crypto payments could generate up to $21 million of his company’s revenue for 2022.
its customers to pay for clothes, shoes, and other products in 15 digital assets. The two leading ones – Bitcoin and Ether – were among the supported ones., the founder of the firm – Philipp Plein – revealed that such settlements accounted for around 3% of the organization’s $105 million online revenue in 2021. He believes that the figures will surge this year, envisioning up to $21 million worth of crypto payments by the end of the ongoing year.
The German designer is an outspoken supporter of the asset class and a HODLer. The CEO owns 170 BTC, worth approximately $6.6 million . Last summer, he said he believes in the future of crypto, raising hopes that it could generate further profits for his company and create more opportunities for clients.Another major brand in the fashion industry to accept digital asset payments last year was PacSun.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21–27, 2022Looking at the charts you might think nothing but bearish thoughts, but if you look elsewhere, like where venture capital is allocating, you'd see nothing but green. Purchase any crypto of your choice using your debit or credit card only available on AltbaseApp . Download and sign up with just some few clicks,and witness Hassle free crypto exchange. BuyAltcoins Altcoins BSC Thats absolutely correct What do you think about Bitcoin state at the moment, because its Fear and Greed index is 38 - FEAR with price of 38520.728904842982 usd? Our analytical team has done detailed BTC research, but we want to hear your opinion too.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Making crypto conventional by improving crypto crime investigations worldwideFor crypto to see true mass adoption, it has to break the uninformed perception of its association with criminality. Education is the path to ending the stigma argues ex-FBI agent Mike Welsh. AltbaseApp is making everything easy for you do you no you can buy and purchase crypto through your debit or credit card on this app BSC btc 1000xgem BSCGems binance Looking for the fast and easy app to uses when trading here is AltbaseApp the most reliable and secure platform for your coins BSC binance btc BTC cryptocurrency adoptions is still early 💎💎💎💕💕💕💕 buy more now and HODL forever 💎💎💎💕💕💕
Source: Cointelegraph - 🏆 562. / 51 Read more »
Crypto companies are poaching UK cyber police with triple pay: reportCoinbase and Chainalysis are among companies employing former law enforcement staff. Lol BTC keeps fluctuating and many investor are loosing their money. I invest 70% of my crypto and stake 30% on smart contract and generate good rewards. put your crypto assets to work instead of just letting it sit around in your wallet. DM / Invest with Candicestewartt. People, we need to tell everyone about this!
Source: TheBlock__ - 🏆 464. / 53 Read more »
First non-crypto company issues 'pre-IPO' equity tokens on European Digital Assets ExchangeHCS Pharma, a French biotech, is launching tokens registered on the blockchain ahead of a full IPO in Frankfurt later this year. Progress
Source: TheBlock__ - 🏆 464. / 53 Read more »
Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profilesBuenos Aires mayor, Horacio Rodríguez, announced the capital city will run a program for crypto adoption, leading the embrace of blockchain technology in the country. 💥TAKE CRYPT0!! 🚀 💥HOLDERS, BREAKING: 🚀 💥IF YOU HOLD CRYPT0!! 🚀
Source: Cointelegraph - 🏆 562. / 51 Read more »
How Crypto Payments Shift Revenue to Creators, Not PlatformsOpinion. James Kuk writes about the 'virtuous cycle' of community-centric, user-focused crypto platforms – as they begin to take power from tech giants. PaymentsWeek, presented by circlepay circlepay 💥FOR HODLERS!! 🚀 circlepay 💥IF YOU HODL!! 🚀 circlepay WalterInu
Source: CoinDesk - 🏆 291. / 63 Read more »