TGViewer
Crypto M - Crypto News Crypto M - Crypto News @cryptom · 1.86K subscribers
Post #64178 3
🚀 CZ: Swipe Offered 80% Equity for Binance Partnership, Later Sold Remainder for Millions

According to Odaily, Binance co-founder CZ mentioned early information about the "Binance payment card" in his personal autobiography "Binance Life." He stated: "In February 2020, I was introduced to the Philippine crypto startup Swipe Wallet. It was originally a wallet but later pivoted to offering crypto debit cards. Users pay with cryptocurrency, while merchants receive fiat currency, making the experience almost seamless for users.The idea itself wasn't new; the biggest challenge was finding banking partners. For crypto enthusiasts, it eliminated the hassle of selling crypto for fiat, allowing cryptocurrency to be used directly for daily payments. At that time, Swipe wasn't officially operational yet but wanted to gain users through a partnership with Binance. Founder Joseph offered to exchange 80% of Swipe's equity for a partnership. He was very smart and later sold the remaining 20% to us for tens of millions of dollars.Subsequently, Binance launched the Binance Card in Europe, which quickly became a favorite among users."

#Binance #CZ #SwipeWallet #CryptoDebitCard #Cryptocurrency #CryptoPayments #BinanceCard #Partnership #Fintech #Startup #Europe #Investment
More from @cryptom
  1. Apr 13, 2026🚀 Bitcoin's Potential Valuation by 2050 Discussed by Strategist PANews posted on X (forme…
  2. Apr 13, 2026🚀 GENIUS Airdrop Opens on Binance Alpha: 240 Tokens for Users With 230+ Alpha Points Acco…
  3. Apr 13, 2026🚀 RAVE's Price Surge Raises Concerns Over Market Manipulation RAVE's recent spot price su…
  4. Apr 13, 2026🚀 Zcash Open Development Lab Unveils Strategic Direction Focused on Post-Quantum Security…
  5. Apr 13, 2026🚀 Symbiosis to Cease Support for Polygon zkEVM Network Cross-chain protocol Symbiosis wil…
  6. Apr 13, 2026🚀 Investors May Shift Focus from Geopolitical News to Economic Data, Analyst Suggests On…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →