Today Binance announced that Travala and TravelbyBit will soon join forces to become a single platform to book flights and hotels by paying in crypto, choosing from over 2 million hotels and 600 airlines worldwide.
Binance invested in TravelbyBit in 2018, after the company was founded only a year earlier. Travala instead relies on the Binance Chain.
Changpeng Zhao (CZ), CEO of Binance, explained:
“Travala.com and TravelbyBit have proven their ability to build world-class travel booking platforms that the crypto community love. We are looking forward to supporting them in their journey and bringing more widespread crypto utility through travel.”
Travala and TravelByBit offer support for over 25 cryptocurrencies as payment for travel, including Bitcoin, Ethereum, Litecoin, BNB and BUSD.
Juan Otero, CEO of Travala, commented on the news:
“We couldn’t be more excited to join forces with TravelbyBit, which is backed by Binance and have constantly been achieving and pushing crypto adoption by providing blockchain-based online travel booking services. We share similar values with Binance and TravelbyBit and are fully aligned on our vision for the future of massive cryptocurrency adoption.”
Caleb Yeoh, TravelbyBit CEO, stated:
“On behalf of everyone at TravelbyBit we are really excited to work with the team at Travala.com to advance the usage of blockchain and cryptocurrency within the travel space. The combined teams will make this goal more likely.”
