Dash and VegaWallet Sign Agreement to Serve Cannabis Enterprises, Revamp Legal Marijuana Liquidity
Dash, one of the largest digital currencies in the market, and VegaWallet will be working together in order to implement new applications and utility related to Dash’s services. VegaWallet is also the first wallet that integrates BitGo’s multi-sig Dash feature with InstaSend transactions.
With this partnership, the legal cannabis industry will be interacting with the cryptocurrency market. According to Bradley Zastrow, Global Head of Business Development at Dash Core Group explained that the goal of VegaWallet is to create payment solutions for the legal cannabis industry. This is why they are now joining forces with Dash to support underbanked businesses.
With this agreement, Dash will be gaining a new market interested in purchasing Dash, The market is valued at $10 billion. With just a small part of these funds moving to Dash, the digital currency will already be benefited. Moreover, the legal pot industry will have a new technology for capital storage and day to day value transfer.
In the future, VegaWallet will be implementing different Dash ecosystem’s features such as an inventory management system, an employee formation panel, business metrics and more.
Tarek Hajri, The CEO Of VegaWallet, Explained:
“VegaWallet’s partnership with Dash provides a unique atmosphere for improvement concerning real-world applications in the blockchain based payments space. We believe customers will be excited for these future applications regarding the shared interests on our roadmap.”
Dash is currently the 15th largest digital asset in the market. It has a valuation of $725 million and Each Dash coin can be purchased for $83.65.