Collateral Pay is delighted to announce its long term strategic partnership and investment from Shima Capital.
Following our successful launch, we are now looking to expand our network and our partnership with Shima Capital is testament to this. Shima Capital has partnered with a number of successful projects including, 1Inch, Algorand, Synthetix and Polkadot to name but a few. Shima Capital have grown these partnerships with the relevant founders and have an aggregate public market value of over $100 billion.
“Collateral Pay is one of the few projects built on Polkadot that enables real world crypto applications by enabling currency on-ramps for daily purchases through the low cost Polkadot network. We are excited to support Collateral Pay in its efforts to increase crypto usage globally while preserving tokenholders’ asset values.” Says the founder of Shima Capital.
COLLATERAL is the next generation payment gateway built on Polkadot and accessed through an interoperable crypto wallet, granting access to spending power by using crypto as collateral at the point of sale. The platform allows users to pay instantly by using crypto as collateral, giving its global user base access to funds and the ability to pay and spend crypto instantly anytime, anyplace, anywhere.
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