Elevate Brands announced today its “Cash or Coin” acquisition program and integration with Coinbase Prime. As per industry observations, Elevate Brands is always looking for ways to make its acquisition and operating processes more efficient. They announced today that they would be integrating with Coinbase Prime to receive payment in bitcoin or other cryptocurrencies. It should help them conserve money by not having upfront costs when acquiring products from the Amazon marketplace. This innovative new strategy enables Elevate to capitalize on opportunities in the crypto space and offers investors unprecedented access. Ryan Gnesin, CEO of Elevate Brand, said; “We’re excited to be at the forefront of Amazon’s new digital age, and we believe that cash or coin will make it easier than ever for consumers who want access into cryptocurrencies” He further added; “Integrating with Coinbase Prime gives us an edge in bringing our brands closer towards achieving this goal.” Nick Eary sold his company last year to Elevate. He will receive his bitcoin payouts next month. Sellers who get paid directly through the Coinbase Prime account benefit from lower fees or high volume limits and can access features not available on other platforms. Nick said with excitement in an interview about Elevate’s first crypto payee: “When I sold my business, I had planned to allocate some of the funds to bitcoin. The...
