Инсайдер: Walmart планирует выпустить собственную криптовалюту и выйти на рынок метавселенных

  • Tom Horton will help develop a crypto project

  • This top manager has experience in American Airlines and General Electric

  • Under the leadership of Horton, the crypto company plans to launch an NFT marketplace and a number of new services

Crypto startup has received a new board member. They became Tom Horton, the leading independent director of Walmart. Previously, the specialist also helped develop American Airlines and General Electric.

Reference: is engaged in the production of crypto wallets and information services. Today they work in 200 countries of the world and serve more than 3 million users.

In addition to Hort, the Board of Directors of includes representatives of other large companies. Recently, Richard Branson, ex-Morgan Stanley employee Marcy Wu, representatives of Google Ventures and Lightspeed Commerce Inc. have started working with them.

Read also: Animoca Brands raised $200,10 million investments for his startup in the metaverse sector

Company plans

According to Bloomberg, the crypto-startup has already raised $537 million, now its value is estimated at $5.2 billion. is also promised “in the near or medium term” launch an IPO (initial public offering – initial public offering).

In the new year, the project will introduce a number of new services, including its own NFT marketplace.

The startup enters the wide market at a difficult time. The crypto industry has experienced massive price drops over the last week. Reuters journalists attribute this to investors’ fears about the war in Ukraine.