BlackRock Buys $127M in Bitcoin as Digitap Disrupts Cross-Border Payments
BlackRock, the world's largest asset manager, has acquired 1,135 Bitcoin, currently valued at around 127 million dollars. Meanwhile, crypto startup Digitap is making waves with its innovative approach to cross-border payments, aiming to revolutionize the industry by merging traditional and crypto banking services in real-time.
Digitap's ambitious goal is to address long-standing issues in cross-border payments and remittances, promising sub-1% routing fees and faster settlement times. The startup has a fixed supply of 2 billion tokens, with a planned price increase during its presale. Digitap's product suite includes a Visa-co-branded card, support for Apple Pay and Google Pay, and an 'omnibank' account that caters to both fiat and crypto currencies.
The smart-contract audit for Digitap was successfully completed by Coinsult, ensuring the security and reliability of the platform. Digitap, trading under the symbol $TAP, is currently in a presale phase, bridging the gap between crypto and fintech to target cross-border payments and remittances. To incentivize first-time purchases, Digitap offers a 15% discount with the code 'Digitap15'.
In other news, Bitcoin (BTC) has recently broken back above $120,000, with market analysts predicting a potential rise to $150,000 by Q2 2026 if certain conditions are met. This projected move represents a 1.5X increase from its current price of $100,000.
BlackRock's significant investment in Bitcoin signals growing acceptance of cryptocurrencies among traditional financial institutions. Meanwhile, Digitap's innovative approach to cross-border payments shows promise in streamlining international transactions. As Bitcoin continues to gain traction, investors are keeping a close eye on its potential price movements.
