You can now pay for drinks, food, and more with cryptocurrency.
This is thanks to a new partnership between Bitcoin Latinum and global hospitality company The h.wood Group.
According to a statement announcing the deal, the partnership includes “cross-promotional marketing initiatives, event sponsorships, endorsements, and bits on services, products and amenities across h.wood Group’s diverse portfolio of upscale nightlife and restaurant venues.” Coin Latinum acceptance is included.”
The h.wood group is known for its world-class hotel portfolio, luxury nightlife and restaurants. Founded by entrepreneurs John Terzian and Brian Toll, the partnership is considered a progressive step for the brand.
Mr. Terzian said about this: “As entrepreneurs, Brian and I have always looked to the future rather than being stuck in old ways. We are constantly observing, learning, and adapting. Cryptocurrency and blockchain are in many ways the future and we hope h.wood Group is ahead of the curve. We are excited about this effort with Bitcoin Latinum.”
Bitcoin Latinum, an enhanced Bitcoin fork, has already received support from companies in the media, entertainment, gaming, and telecommunications industries. Designed to reduce cryptocurrency transaction costs.
h.wood Group also accepts Bitcoin and Ethereum tokens for certain services and products across the Group portfolio.