- Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me.
- The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit of $490.
- The company will use Bit2me’s tech as a way of receiving the cryptocurrency payments and exchanging them for euros.
Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments
