CryptoCurrency

YouHodler Turns into Italian Soccer Membership Torino’s First Crypto Companion

<p>YouHodler, a Swiss model that gives
crypto-backed loans, has signed a two-season crypto partnership take care of
Italian soccer membership Torino.</p><p>The deal, which is Torino’s first with a cryptocurrency-based firm, comes two months after YouHodler acquired
authorised and registered as <a href=”https://www.financemagnates.com/tag/youhodler/” goal=”_blank”>a cryptocurrency service supplier</a> in Italy.</p><p>YouHodler in a press release on Friday disclosed that the deal contains “a sequence of activations” that can assist to spice up its
standing within the European nation.</p><p>The Swiss fintech firm, which intends
to open a bodily workplace within the Italy quickly, added that each manufacturers
will staff up on extra initiatives sooner or later.</p><p>“Due to this collaboration, YouHodler
will acquire full model presence throughout numerous codecs within the stadium
bodily, digitally, and on the membership’s web site as nicely,” YouHodler mentioned in
the assertion.</p><p>Moreover, the fintech firm mentioned a
particular company-sponsored match will happen in February subsequent yr as half
of the deal.</p><p>Talking on the deal, YouHodler’s CEO, Ilya Volkov, expressed
pleasure on the partnership.</p><p>“Torino Soccer Membership is likely one of the oldest
Italian golf equipment constructed on a century of custom and a long-lasting Italian-Swiss
relationship. Additionally, town of Torino is simply across the nook from our house
base in Switzerland. That makes us very near the membership, not simply bodily,
however mentally and spiritually as nicely,” Volkov mentioned.</p><p>Combating Identification Fraud</p><p>In March, YouHodler, which already makes use of
Elliptic to handle its crypto {industry} anti-money laundering efforts, <a href=”https://www.financemagnates.com/cryptocurrency/youhodler-onboards-sumsub-to-fight-identity-fraud-in-crypto-industry/”>accomplished the combination</a> of
Sumsub into its platform.</p><p>The Swiss firm mentioned it onboarded
the identification verification and anti-fraud resolution with a purpose to “implement its
industry-best pockets and platform.” </p><p>The combination of the answer got here after
“an extended and detailed testing course of,” YouHodler added.</p><p>In the meantime, in July final yr, YouHodler <a href=”https://www.financemagnates.com/executives/strikes/youhodler-appoints-igor-bannikov-as-chief-risk-and-compliance-officer/”>appointed Igor Bannikov</a> as
Chief Threat and Compliance Officer.</p><p>YouHodler mentioned it employed Bannikov,
who’s a former Senior Compliance Officer at Switzerland-based financial institution, UBP, to
oversee regulatory compliance throughout all of its entities.</p>

This text was written by Solomon Oladipupo at www.financemagnates.com.

Related Articles

Back to top button