KuCoin launches cryptocurrency payment solution for merchants
Global cryptocurrency exchange KuCoin has introduced KuCoin Pay, a payment solution that aims to revolutionize digital commerce by integrating cryptocurrency transactions into retail.
The system enables businesses to accept cryptocurrency payments effortlessly, providing a contactless and borderless transaction method.
Powered by KuCoin’s robust infrastructure serving over 37 million users worldwide, the platform simplifies cryptocurrency payments with reduced transaction fees and instant settlements.
Furthermore, merchants can integrate KuCoin Pay into their payment systems, allowing customers to complete purchases by scanning a QR code or using the KuCoin app.
Businesses have access to KuCoin’s extensive user base, enhancing their global reach while offering a seamless payment experience for customers.
In addition, users can also leverage the platform to make everyday purchases, such as gift cards and mobile top-ups, further boosting cryptocurrency adoption.
Access the most comprehensive company profiles on the market, powered by GlobalData. Save hours of searching. Gain a competitive advantage.
Company profile – free sample
Thank you!
Your download email will arrive shortly
We are confident in the unique quality of our company profiles. However, we want you to make the decision that is most beneficial to your business, so we are offering a free sample that you can download by submitting the form below
By GlobalData
KuCoin Pay supports a wide range of cryptocurrencies and blockchain networks, enhancing its utility for businesses and consumers alike.
This launch underscores KuCoin’s commitment to fostering blockchain innovations and bridging the gap between traditional commerce and the digital economy.
Company partnerships
MetLife Investment Management (MIM), the institutional asset management subsidiary of US insurance giant MetLife, has agreed to acquire asset management firm PineBridge Investments from Pacific Century Group in a deal valued at up to $1.2 billion.
The deal amount includes $800 million in cash at closing, plus an additional $400 million contingent on future financial and earnings targets.
However, the deal does not include PineBridge’s group of private equity funds and its joint venture in China.
Upon completion, MIM’s assets under management are expected to exceed $700 billion.
More than half of PineBridge’s client assets are held by investors outside the United States, and approximately one-third of them are located in Asia.
The acquisition will also introduce new capabilities to MIM, including a collateralized loan obligations platform, multi-asset business, and a range of global equity strategies.
https://www.privatebankerinternational.com/wp-content/uploads/sites/5/2025/01/shutterstock_2194495247-scaled.jpg
