Crypto.com and Theta partner up
Last week I missed what I believe to be a massive Theta partnership announcement for the USA.
What does this mean for Theta?
First Crypto.com becomes a Theta Enterprise Validator
Secondly Crypto.com will strengthen Theta's SOC-2 certified infrastructure by holding and restaking 15Million THETA tokens. Sure you could construe it as a milestone for institutional adoption, with Crypto.com’s tailored custody solutions addressing enterprise needs while mitigating risks associated with token management. Go here to check for yourself the 15M have been restaked. Note: both THETA and TFUEL have been staked for this partnership.
Third Crypto.com is one of only a handful of strategic U.S. custody providers. So, this is huge step in reinforcing Theta’s presence across the USA. I know we waited and waited during COVID lockdowns for the Binance rumors to come true and it still has yet to come to fruition.
Crypto.com didn't sit idle, they already have a Game available. You can earn some serious cash!
You can win up to $1010 in THETA Rewards, the entire pool is funded with $100,000 in Theta and up to 9000 will win!
How to enter?
Sign up or sign in to the Crypto.com App
Summary
The newly formed Theta and Crypto.com partnership unlocks institutional-grade Theta validation. While strengthening Theta via custody for THETA and TFUEL tokens. I still must ask how quickly will we see positive Theta price action?
Credits - BLOG Image - Crypto.com = ALL RIGHTS REMAIN
