Telefonica partners with Bit2Me exchange
The telco now accepts cryptocurrencies, particularly BTC
Telefonica is also partnering with Polygon and Qualcomm
The company promises to release its products in the NFT and Metaverse
Spain’s largest telco Telefonica this week partnered with exchange Bit2Me, as part of the deal the firm will start accepting payments for its services in cryptocurrency through its Tu.com platform.
Telefonica has also invested some “significant” amount in Bit2Me, a spokesperson for the exchange confirmed. He also added that details will be released in the coming weeks.
This is Telefonica’s third major deal in the blockchain space. Earlier, the commercial giant entered into an agreement with Polygon, with the aim of facilitating the release of NFTs and the development of joint Web3 solutions.
Also earlier this week, the company launched a collaboration with Qualcomm. Among other things, Telefonica has not ruled out releasing its Virtual Space and NFT products.
“This agreement will allow us to provide customers with new opportunities, combining the digital and analogue worlds and redefining commerce, entertainment and communication in a meta universe,” the telco said in a press release.