Two major travel agencies in the cryptocurrency industry, Travala and TravelByBit, join forces to create "one of the world's largest online travel agencies".
TravelByBit, a crypto-startup specializing in flight reservations and supported by the giant Binance, has announced that it is partnering with the blockchain travel agency Travala.
It is a strategic decision between Travala.com and TravelByBit, who have been the main players in the creation of blockchain-based travel booking platforms in the past two years, "said a statement.
As part of this merger, the two firms will jointly market travel offers and plan, in the near future, to fully integrate their different services. They currently make it possible to book flights and hotels via around twenty cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Binance Coin.
On behalf of everyone at TravelbyBit, we are very excited to be working with the Travala.com team to advance the use of blockchain and cryptocurrency in the travel industry, ”commented Caleb Yeoh, CEO of TravelbyBit.
Last fall, Binance and TravelbyBit have launched a debit card allowing to pay in cryptocurrencies on several popular travel booking sites such as Booking and Expedia.
We couldn't be more enthusiastic about partnering with TravelbyBit, which is supported by Binance and has consistently succeeded and pushed the adoption of crypto by providing blockchain-based online travel booking services, ”a added Juan Otero, CEO of Travala.
To know that Travala also has connections with the crypto-exchange since its platform operates the blockchain Binance Chain since last year.
Binance CEO, Changpeng Zhao, welcomed the partnership and said that "Travala.com and TravelbyBit have proven their ability to create world-class travel booking platforms valued by the crypto community."