Daniel from Improve Press
Singapore-based fintech platform Cake DeFi has partnered with Razer Silver, a loyalty rewards program for players, to supply them with quick access to varied crypto property, together with bitcoin (BTC) and ether (ETH).
Cake DeFi Companions Razer Silver
In keeping with a press launch shared with CryptoPotato, the multi-faceted deal will permit Razer Silver players to transform their Razer Silver into Cake DeFi vouchers, earn bonus Razer Silver, and revel in different advantages.
Cake DeFi offers customers entry to decentralized monetary companies, permitting them to generate returns from their crypto and digital property. The worldwide partnership with Razer Silver, backed by Razer Inc., the world’s main way of life model for players, is meant to encourage crypto training and elevated adoption.
Reducing the Barrier to Entry
Cake DeFi will probably be listed and promoted on the Razer Silver web site as a part of the deal. Players on the platform can trade their loyalty factors (Razer Silver) for Cake DeFi vouchers, which supplies them entry to common cryptocurrencies like Bitcoin, Ethereum, and extra.
Talking on the event, Cake DeFi’s CEO and co-founder, Julian Hosp, stated:
“Via this collaboration, we’ve got lowered the barrier to entry to the crypto ecosystem to supply Razer Silver players entry to crypto property on Cake DeFi in a seamless method… we can even deal with offering crypto training and literacy, particularly for newcomers to the trade.”
Cake DeFi is providing Razer players entry to its yield-generating companies to have fun the partnership. To earn crypto rewards, they have to register to the platform utilizing the particular promo code “RAZER.”
Cake DeFi Celebrates Third Anniversary
Final month, Cake DeFi celebrated its third anniversary. To have fun the milestone, the corporate allotted $1 million to help DeFi improvement by means of Environmental, Social, and Governance (ESG) initiatives.
In March, the Singapore-based agency devoted $100 million in funding to its newly established enterprise arm, Cake DeFi Ventures. The funding division will use the fund to help and promote Web3 -focused initiatives and startups.
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