Transak, a Web3 onboarding infrastructure provider, has announced its role as the NFT Checkout partner for Lamborghini’s Fast ForWorld platform. Developed with Gravitaslabs and Animoca Brands’ Motorverse, this collaboration allows Lamborghini to offer digital assets, bringing NFTs to its global fanbase across more than 160 countries.

Through this partnership, Lamborghini NFTs will also be integrated into the Motorverse ecosystem, providing holders with additional functionality and engagement opportunities.

Fast Forworld NFT Drop Available Worldwide

Starting at 9 a.m. EST on November 7, 2024, Lamborghini fans and collectors can get exclusive NFTs, supported by Transak’s quick and streamlined payment options, using credit cards and bank transfers. Once acquired, these NFTs offer access to exclusive content and digital experiences in the Fast ForWorld platform and Motorverse.

This release includes a collection of NFTs featuring Transak branding on the Lamborghini Revuelto. These Transak-branded NFTs allow collectors to engage with both brands through a single digital asset.

“This partnership marks a bold new chapter for digital asset ownership and brand engagement,” said Sami Start, Co-Founder and CEO of Transak. “We’re excited to offer an accessible, seamless checkout experience for Lamborghini Fast ForWorld fans and collectors worldwide. By powering the NFT Checkout for such an iconic brand, we’re reaffirming our commitment to advancing the NFT ecosystem with secure, user-friendly solutions.”

Transak has already onboarded over 8 million users through its services, aiming to simplify NFT purchases with its checkout platform. This partnership also expands Transak’s reach into the lifestyle and luxury sectors, supporting its goal of providing accessible Web3 payment solutions for digital assets.

Lamborghini’s Fast ForWorld Platform

Developed by Gravitaslabs, Fast ForWorld serves as Lamborghini’s dedicated platform for Web3 engagement. The first version features a 3D wallet for storing digital items, including interoperable features for interacting with the digital supercars. Gravitaslabs specializes in building digital ecosystems and brings its experience with interactive worlds to the Fast ForWorld platform.

With expertise in Web3 strategy across automotive, sports, fashion, and music industries, Gravitaslabs supports brands in creating virtual experiences to engage global audiences. This digital platform immerses Lamborghini fans in an ecosystem where they can explore exclusive features.

Overall, Transak’s NFT Checkout aims to be a central element in the growing NFT marketplace, offering accessible payment methods for collectors interested in digital assets. By integrating payment solutions tailored for simplicity and security, Transak and Lamborghini hope to introduce a broader audience to exclusive digital collectables.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

Decentralized exchange Uniswap has entered into a partnership with trading platform Robinhood and a number of payment platforms to facilitate crypto-to-fiat transactions.

Starting on Feb. 27, users in more than 180 countries can sell supported crypto assets to deposit funds directly into their bank account through Robinhood, MoonPay and Transak, Uniswap announced. 

It added that the fiat onramping and offramping was live in the Uniswap wallet on both Android and Apple iOS and would be coming to the Uniswap extension and the web app soon.

Moving between crypto and cash has “historically been frustrating,” Uniswap stated, because users need to sign into centralized exchanges and deal with crypto addresses. However, it can be done with “just a few clicks” using the DEX wallet, it added. 

The move comes a few days after the US Securities and Exchange Commission dropped its investigation into Uniswap Labs. 

On Feb. 25, the SEC stated that it had concluded its investigation and had no plans to pursue enforcement action against the firm. Uniswap received a Wells notice from the SEC in April during Gary Gensler’s tenure. “This is a huge win for DeFi,” said Uniswap Labs. 

The securities regulator also dropped its probe into Robinhood’s crypto division this week after threatening to take legal action against the firm in 2024. 

Related: MetaMask adds fiat off-ramp for 10 blockchains to improve crypto accessibility

Uniswap is the world’s largest DEX, with $4.2 billion in total value locked, according to DefiLlama. However, TVL has tanked by 30% since the beginning of this year with the broader crypto market retreat. It is also down from the all-time high of $10 billion in 2021. 

Uniswap launched its long-awaited v4 platform with improved user experience and developer options on 12 chains in late January. 

There was no positive reaction for Uniswap’s native token, UNI (UNI), which slumped 5.4% on the day and fell to $7.60 at the time of writing amid a broader market drop.

Magazine: 3AC-related OX.FUN denies insolvency rumors, Bybit goes to war: Asia Express

]]> https://earlybirdsinvest.com/uniswap-partners-with-robinhood-moonpay-transak-to-turn-crypto-into-cash/feed/ 0 22340