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Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF)

PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry.

Ariva reveals key partnership

Ariva will be leveraging its collaboration with World Tourism Forum Institute and Global Tourism Forum to position itself as a leading blockchain service provider in the global tourism sector. World Tourism Forum Institute will also serve as a bridge between Ariva and the global tourism industry. In addition, the organization plans to create fund the Ariva ecosystem with $50 million in two years.

Ariva expects the partnership to enable ARV to become a globally accepted cryptocurrency. It would also achieve its aim of fostering blockchain use within the tourism community.

As part of the partnership, the three organizations will be working together on several projects and initiatives. Furthermore, Ariva and WTFI will host the first forum that will bring together crypto professionals. WTFI experts scheduled ‘Global Tourism Forum Leaders Summit – Blockchain for Travel’ for March 2022 in Dubai. The event details will be shared with the public in the coming weeks.

A major milestone for Ariva

Ariva’s partnership with the World Tourism Forum and Global Tourism Forum is huge for the blockchain project. Since its launch in the second half of 2021, the blockchain project has focused on crypto adoption in the tourism sector.

Ariva is also developing an inclusive ecosystem that will cater to the needs of the travel and tourism industry. Its ecosystem is divided into key areas – Ariva.Club, Ariva.Finance and Ariva.World.

Ariva recently launched Ariva Wonderland, a metaverse project that aims to introduce tourists into a world with limitless travel experiences. Land sales in the metaverse are scheduled to begin in early February via an auction system.

About Ariva

Ariva is a blockchain ecosystem dedicated to building innovative products for the tourism and travel industry. Its ecosystem is fueled by the ARV coin, a BEP-20 token that serves as a payment and utility token within the Ariva ecosystem. You can learn more about Ariva by visiting the website https://ariva.digital/

About World Tourism Forum Institute (WTFI)

World Tourism Forum Institute is a London-based institution at the forefront of fostering new solutions and ideas for the tourism industry. As the leading international tourism development and investment brand, World Tourism Forum Institute is committed to promoting developing countries in the field of tourism development, economic growth, foreign direct investment through tourism investments, and human resource development within the industry. You can learn more about WTFI by visiting the website https://worldtourismforum.net/

Global Tourism Forum (GTF)

The Global Tourism Forum, or GTF for short, is an international collaboration platform focused on addressing the challenges for the travel industry. Combining the joint efforts of government agencies, industry stakeholders, and academia, GTF strives to achieve sustainable development models for emerging travel markets and devise strategies to ensure tourism growth.

 

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

source https://news.bitcoin.com/ariva-arv-announces-milestone-partnership-with-world-tourism-forum-institute-wtfi-and-global-tourism-forum-gtf/

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion.

FTX Series C Fundraise Brings Firm’s Valuation to $32 Billion

FTX Trading Ltd. has raised $400 million in a Series C fundraising round according to an announcement on Monday. The fundraise follows the firm’s Series B at the end of July last year and Series B-1 toward the end of October 2021. The latest financing saw participation from Temasek, Paradigm, Ontario Teachers’ Pension Plan Board, Steadview Capital, Tiger Global, Insight Partners, NEA, IVP, Softbank Vision Fund 2, and Lightspeed Venture Partners.

“Our Series C financing round represents a milestone achievement for FTX, as we raised close to $2 billion in six months. This round will support our continued mission of delivering innovative products and services to the marketplace as well as expanding our global reach with additional licenses around the world,” FTX CEO Sam Bankman-Fried said in a statement sent to Bitcoin.com News. Bankman-Fried added:

“With the ongoing support from our dedicated investors and userbase, FTX will look to continue interacting with regulators to facilitate access to digital assets in a safe and compliant manner. We look forward to working alongside our investors to achieve our mission and continue our tremendous growth throughout 2022 and beyond.”

The capital fundraise brings the crypto company’s valuation to $32 billion which makes it one of the largest digital asset firms in the world in terms of capitalization. Additionally, the company’s exchange based in the United States, FTX US, raised $400 million in its first capital fundraise.

FTX says the company has seen immense growth since its Series B-1 fundraise and notes that the company’s “user base growing 60% and its average daily trading volume increased 40%, reaching approximately $14 billion in daily volume.” In October, the firm’s crypto trading volume propelled the exchange to becoming the third-largest cryptocurrency exchange worldwide.

What do you think about FTX Trading Ltd. raising $400 million in a Series C fundraise? Let us know what you think about this subject in the comments section below.

source https://news.bitcoin.com/ftx-raises-400-million-in-series-c-fundraise-firm-reaches-32-billion-valuation/

Must Reads: Risk Appetites Remain Fragile

Covid and seasonal factors may have contributed to the weakness, but the takeaway underscores that Chinese officials hav

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