Funding Secured: Holyheld Launches Blockchain Reconciliation and Remittance Record

Thursday, 5 December 2024, 14:00

Funding secured, Holyheld is set to launch its Blockchain Reconciliation and Remittance Record protocol, enhancing global payment solutions. With backing from prominent investors, this initiative aims to redefine payment infrastructures for crypto users.
Finbold
Funding Secured: Holyheld Launches Blockchain Reconciliation and Remittance Record

Funding Secured for Holyheld's Blockchain Innovations

Zug, Switzerland, December 5th, 2024 - Holyheld, a leading Swiss crypto payments startup, has successfully secured funding to expand its innovative BRRR protocol. The investment comes from esteemed backers including Toyota Ventures, TempleDAO, and various angel investors from top blockchain projects. This funding will significantly enhance Holyheld’s capacity to connect blockchain networks and traditional payment systems, facilitating real-time transactions for users.

The Vision Behind BRRR

Holyheld's CEO, Anton Mozgovoy, stated, This opportunity consolidates our lead in the market, fueling our drive to redefine how real-time clearing of payments should work. The BRRR protocol serves as the backbone for Holyheld's app, which has gained traction as a leading solution in the European market for Web3 payments. Users can enjoy a seamless payment experience using their self-custody wallets while accessing traditional payment methods.

Expanding Global Payment Solutions

  • Holyheld aims to offer a comprehensive infrastructure for users to transact globally.
  • Its app enables users to connect cryptocurrencies for everyday purchases.
  • New funding will expand protocol integration with more payment networks.

Dr. Anton Zagorodnikov, co-founder and CTO, emphasized the importance of this funding for evolving payment settlement solutions using cryptocurrencies. The BRRR protocol has already orchestrated over $100 million in transaction volume since its launch in April 2023.

Conclusion: A New Era for Digital Payments

Holyheld is positioned to transform the fintech landscape with its Blockchain Reconciliation and Remittance Record, promising to enhance user experience in digital transactions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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