Singapore-based fintech platform Cake DeFi has partnered with Razer Silver, a loyalty rewards program for gamers, to give them easy access to various crypto assets, including Bitcoin (BTC) and Ether (ETH).
Cake Defy Partners Razor Silver
According to a press release shared with Cryptopotato, the multi-faceted deal will allow Razer Silver gamers to convert their Razer Silver into Cake DeFi vouchers, earn bonus Razer Silver and enjoy other benefits.
Cake gives DeFi users access to decentralized financial services, allowing them to generate returns from their crypto and digital assets. The global partnership with Razer Silver, backed by Razer Inc., the world’s leading lifestyle brand for gamers, is set to encourage and increase adoption of crypto education.
reduce barrier to entry
Cake Defy will be listed and promoted on the Razer Silver website as part of the deal. Gamers on the platform can exchange their loyalty points (Razer Silver) for Cake DeFi vouchers, which gives them access to popular cryptocurrencies such as Bitcoin, Ethereum.
Speaking on the development, Cake DeFi CEO and Co-Founder Julian Hosp said:
“Through this collaboration, we have lowered the barrier of entry into the crypto ecosystem by providing Razer Silver gamers with seamless access to crypto assets on Cake DeFi… and will also focus on imparting literacy.
To celebrate this partnership, Cake DeFi is giving Razer gamers access to its produce-generating services. In order to earn crypto rewards, they must register on the platform using the special promo code “Razer”.
Cake Defy celebrates 3rd anniversary
Last month, Cake Defy celebrated its third anniversary. To celebrate the milestone, the company has allocated $1 million to support DeFi development through environmental, social and governance (ESG) initiatives.
In March, the Singapore-based firm dedicated $100 million in funding to its newly established venture arm, Cake DeFi Ventures. The Investment Division will use this fund to support and promote Web3-centric projects and startups.
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