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October 16, 2024

Velo Partners with Travala to Expand Real-World Utility for Velo Token Holders

Velo is thrilled to announce an exciting new partnership with Travala, a leading blockchain-powered travel platform. Through this collaboration, Travala has agreed to accept Velo Tokens as a method of exchange for their services in select jurisdictions, providing seamless booking options for Velo Token holders. Users will be able to access over 3,000,000 flights, hotels, and activities worldwide using their digital assets. This marks a significant expansion of the real-world utility of the Velo Token and reinforces Velo’s ongoing commitment to creating practical, everyday use cases for its token ecosystem.

Expanding the Utility of Velo Token

With this integration, Velo aims to offer enhanced convenience and accessibility for its community, allowing token holders to exchange for travel services with Velo Tokens across select jurisdictions. Whether you’re planning a vacation or organizing business travel, Velo Tokens will enable a seamless, secure, and efficient booking experience on Travala's platform.

Travala has confirmed that Velo Token holders will soon be able to make bookings for over 2,200,000 hotels, flights with more than 600 airlines, and 400,000+ activities. By expanding the token’s usability into real-world travel services, Velo strengthens its ecosystem and pushes forward the adoption of blockchain technology in everyday transactions.

Elevating the Travel Booking Experience

Travala offers users access to over 3,000,000 travel products, ranging from flights and hotels to activities, making it one of the leading blockchain-powered travel platforms. By accepting Velo Tokens as payment in select jurisdictions, Travala enables greater flexibility for its users, bringing the benefits of digital assets directly into their travel planning experience. This collaboration highlights the growing intersection of blockchain technology and the travel industry, as Velo Tokens become a practical and secure option for bookings.

Paving the Way for Mainstream Adoption

This partnership goes beyond introducing new utility for Velo Token holders—it is a step toward wider cryptocurrency adoption. By offering Velo Tokens as a payment option through a trusted and globally recognized platform like Travala, Velo demonstrates the real-world value and usability of digital assets. This integration exemplifies Velo’s dedication to driving mainstream cryptocurrency adoption while giving its community tangible ways to use their tokens.

Stay tuned as this new feature is set to launch soon, opening up more opportunities for Velo Token holders to utilize their digital assets in the real world.

About Velo Labs

Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by the Stellar Network, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network positions us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally. 

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About Travala

Founded in 2017, Travala.com is the leading crypto-native travel booking service with 2,200,000+ properties in 230 countries, 400,000+ activities, and 600+ airlines globally. Travala.com is a champion of cryptocurrency adoption, accepting over 100 leading cryptocurrencies alongside traditional payment methods. In addition to unbeatable prices via its Best Price Guarantee, Smart members on Travala.com can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform. For more information about Travala.com, visit: www.travala.com.