Singapore-based fintech platform Cake DeFi has partnered with Razer Silver, a loyalty rewards program for avid gamers, to present them with easy accessibility to varied crypto belongings, together with bitcoin (BTC) and ether (ETH).
Cake DeFi Partners Razer Silver
According to a press launch shared with CryptoPotato, the multi-faceted deal will permit Razer Silver avid gamers to convert their Razer Silver into Cake DeFi vouchers, earn bonus Razer Silver, and revel in different advantages.
Cake DeFi supplies customers entry to decentralized monetary companies, permitting them to generate returns from their crypto and digital belongings. The international partnership with Razer Silver, backed by Razer Inc., the world’s main way of life model for avid gamers, is meant to encourage crypto training and elevated adoption.
Lowering the Barrier to Entry
Cake DeFi will likely be listed and promoted on the Razer Silver web site as a part of the deal. Gamers on the platform can trade their loyalty factors (Razer Silver) for Cake DeFi vouchers, which supplies them entry to well-liked cryptocurrencies like Bitcoin, Ethereum, and extra.
Speaking on the event, Cake DeFi’s CEO and co-founder, Julian Hosp, mentioned:
“Through this collaboration, we have lowered the barrier to entry to the crypto ecosystem to provide Razer Silver gamers access to crypto assets on Cake DeFi in a seamless manner… we will also focus on providing crypto education and literacy, especially for newcomers to the industry.”
Cake DeFi is providing Razer avid gamers entry to its yield-generating companies to have fun the partnership. To earn crypto rewards, they have to register to the platform utilizing the particular promo code “RAZER.”
Cake DeFi Celebrates Third Anniversary
Last month, Cake DeFi celebrated its third anniversary. To have fun the milestone, the corporate allotted $1 million to assist DeFi growth via Environmental, Social, and Governance (ESG) initiatives.
In March, the Singapore-based agency devoted $100 million in funding to its newly established enterprise arm, Cake DeFi Ventures. The funding division will use the fund to assist and promote Web3 -focused initiatives and startups.
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