Eligma Secures €4 Million Investment to Propel Cryptocurrency Payment Solutions Forward

Eligma’s Exciting New Partnership

In a thrilling development for crypto enthusiasts and businesses alike, Eligma has struck a new partnership worth millions of euros. With a substantial backing of 4 million euros (approximately $4.4 million), contributions from Bitcoin.com and the Swiss Pangea Blockchain Fund are set to fuel the expansion of Elipay—the cutting-edge infrastructure that allows brick-and-mortar merchants to embrace instant cryptocurrency payments.

A Step Towards Merchant Adoption

This investment marks a significant milestone as Eligma emerges as one of the rare startups from the 2018 public crowdsale era that continues to showcase the practicality of its offerings. With this infusion of capital, it’s no surprise that Roger Ver, the founder of Bitcoin.com, is taking a seat on Eligma’s board, hinting at exciting changes ahead.

Addressing Transaction Speed Issues

Dejan Roljic, Eligma’s CEO, pointed out a critical barrier to widespread crypto adoption: transaction confirmation times. As he aptly noted, “waiting several minutes for a transaction to clear is simply unacceptable in the fast-paced world of daily shopping.” Enter Elipay: a solution that promises to expedite purchases, ensuring immediate transaction confirmations and converting funds to fiat instantly. This means businesses can dodge the pesky volatility that often plagues cryptocurrency markets.

The Future of Money is Here

Roljic believes that fiat cash is slowly becoming a relic of the past. “Doing business with cash can feel like a slow dance with outdated technology,” he remarks, emphasizing that cryptocurrencies were originally designed to revolutionize how we perceive cash transactions. It’s time for the future—no more waiting in line while someone counts out change.

A Growing Number of Enthusiastic Merchants

As the world embraces digital currency, Eligma is witnessing an uptick in interest from merchants and companies eager to transform their operations. Roljic notes, “Businesses are increasingly recognizing the value of cryptocurrency—not just for trendy label, but for real financial enhancements.” This enthusiasm signifies not just hard work paying off, but it showcases the tangible benefits and innovations that Eligma is ushering into the marketplace.