Acquisitions for cryptocurrency have been happening left and right!
J.P. Morgan & Chase (JPM) just created a digital coin for payments and the social media giant, Facebook (FB), even has one in the works.
To say the least, incoming support from big name brands has the potential to take this way-to-pay to the next level.
Here’s a few other companies trying to tap into this new niche that could send your investments skyrocketing!
Even with crypto catching on, it’s still not as practical as it needs to be for real world use.
But e-commerce companies like Rakuten (RKUNY) and Overstock.com (OSTK) are currently working to bridge the gap.
Overstock.com for example has accepted Bitcoin and other tokens as a form of payment for YEARS now.
Rakuten recently hopped on board too by directing a portion of their growth into capitalizing on crypto.
Efforts from these two brands alone have already had a positive impact on digital coins in general, but it’s nothing compared to what bigger corporations, such as Amazon (AMZN), could do in terms of putting cryptocurrency on the map.
If other competitors in the world of online retail keep it up, then Amazon will eventually be forced to adopt crypto as an acceptable form of payment.
Just the thought of this actually happening brings a very bullish forecast to the table.
Amazon is the largest online retailer in the world and one of the main reasons why it got to where it is today is because of the ease-of-use that it provides for its customers.
It just makes sense for the company to add crypto to its platform, considering it’s a way-to-pay founded on convenience and security.
It’s bound to happen sooner or later and when it does, cryptocurrency is going to finally receive the kind of recognition it deserves.
This popularity boost wouldn’t only benefit these tokens though… increases in crypto transactions would also be reflected in its market price.
In other words, you would see a significant amount of volume flood into shares and drive values upwards.
Lucky for you, we’re still in the beginning stages of cryptocurrency entering into the real world, but every day more and more companies are bringing crypto on board.
Getting in these types of trades NOW could make you some big bucks later.
Just keep this in mind as you move forward and try not to act surprised when crypto traffic starts to really pick up.
