Expanding global presence to hundreds of millions of users with trillions of dollars in trading volume
Pawtocol, creator of the world’s first pet platform powered by blockchain technology, today announced their native utility token UPI (Universal Pet Income) has officially been listed on two of the industry’s leading international cryptocurrency exchanges – Coinbase and Huobi. UPI went live on both Coinbase and Huobi earlier this week, February 8th 2022, allowing users to purchase the token via USD and other popular cryptocurrencies. As a part of the launch, both Coinbase and Huobi indicated that they will offer UPI – Tether (USDT) in the near future.
These listings showcase the strong level of market support for both the Pawtocol platform and its utility token, UPI. With these new listings, UPI will now be available to more than 350M global users that are annually trading over $3 trillion across both platforms.
“This is a critical moment for Pawtocol, as Coinbase and Huobi have prominently positioned UPI amongst the largest and most successful cryptocurrencies in the world,” said Colin Jordan, CEO of Pawtocol. “We are thrilled to receive support from these exchanges as they provide a tremendous amount of credibility and reinforce that we are one of the emerging leaders in the space. As we continue to rapidly accelerate our growth, we will look to make UPI available on more Tier 1 exchanges like Binance, Mandala, UpBit, and more, so that more people can be involved with our mission.”
This announcement comes on the heels of Pawtocol’s recent acquisition by New Wave Holdings, which was accompanied by $3.4M (CAD) in funding. Pawtocol will continue to utilize that funding to grow their team and develop the initial product offerings on their all-inclusive platform, including the world’s first blockchain-powered pet tag and NFT Marketplace for pets. UPI owners will be able to exchange their tokens for pet-related products, services, and other perks inside the Pawtocol ecosystem.
To learn more about Pawtocol, visit their site.
To learn more about Coinbase, visit their site.
To learn more about Huobi, visit their site.
Pawtocol Holding Corp. (“Pawtocol”), is a wholly owned subsidiary of New Wave Holding Corp. (“New Wave”) (CSE:SPOR, FWB: 0XMB, OTCPK: TRMNK).
About Pawtocol
Pawtocol, powered by blockchain technology, is the first pet platform of its kind. Pawtocol connects the physical lives of pets and pet owners with the rapidly expanding digital universe to create the world’s most advanced pet community. For the first time pet owners are able to have full control over their information and use it in a meaningful way – improving their lives, their pets’ lives, and millions of others in the pet community all over the world.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220211005568/en/