1INCH Network partnership established with Binance supported Travala. The partnership will allow 1INCH holders to book different items on the leading crypto friendly travel website.
Binance-backed Travala collaborates with 1inch Network
Decentralized stock market data aggregator platform 1inch Network announced that it has collaborated with Travala. As part of the partnership, Binance-backed travel agency Travala will add the 1INCH token as a payment option to its platform.
According to the press release, the integration will enable 1INCH token holders to book more than 2.2 million hotels and homes, 600+ airlines and other events in 230 countries. They will also have access to Travala’s various travel products.
What are the expectations of the parties from the partnership?
After development, 1inch Network co-founder Sergej Kunz said that mass adoption of the company’s products and solutions is the aggregator’s top priority. Sergej Kunz expects the integration to create new uses for the 1INCH token, while offering many potential users the opportunity to purchase. Commenting on the partnership, Juan Otero, CEO of Travala.com, commented:
As we continue our commitment to mass cryptocurrency adoption, we are working with 1inch Network to advocate for the growth of the crypto community and bring a new use case to 1INCH. We are very excited to be partners. The team impressed me with their vision for their business and I have no doubt we will see them make waves in the crypto community.
1inch Network recently launched a spot price aggregator
As we covered in news on Cryptokoin.com , 1inch Network is short It recently released a spot price aggregator to provide data for assets traded on decentralized exchanges on the Blockchain. The ultimate goal of the tool is to solve information related tasks and supports DEXs on Ethereum, Binance Smart Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain.
As you may recall from Kriptokoin.com news, earlier this year, the protocol also launched a new investment tool called “1inch Earn”, which focuses on promoting liquidity providers.
