Visa partnership boosts VELO price by 27% – Cryptonium

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Visa partnership boosts VELO price by 27%

The digital asset market has been abuzz with news of a new partnership between Visa and VELO, the leading blockchain-based payments platform. The collaboration is set to revolutionize the way we make payments online by providing faster, more secure transactions for merchants and consumers alike.

Today’s announcement sent shockwaves through the crypto world as it was revealed that this partnership would result in an impressive 27% increase in VELO’s price. This surge comes on top of an already impressive performance from VELO over recent months which saw its value rise by almost 600%.

Visa’s decision to partner with VELO highlights their commitment to staying ahead of emerging technologies like blockchain and cryptocurrency while also recognizing the potential they have for transforming existing payment systems. With Visa now backing its development, users will be able to benefit from increased transaction speeds along with improved security measures such as multi-signature authentication protocols which can help protect against fraud or theft when making purchases online.

By leveraging Visa’s global network, this partnership could open up access to millions of customers across different countries who may not have previously had access due to restrictions or limited availability options before now – a huge plus point for both parties involved! Additionally, businesses looking at integrating cryptocurrencies into their operations are likely going see great benefits here too thanks largely due these enhanced security features provided by this alliance between two giants within their respective industries: financial services & technology/blockchain solutions providers respectively .

Overall then it looks like there are plenty positives stemming from today’s announcement – both immediate (price increase) & long term (improved infrastructure). We look forward seeing how things develop further down line but one thing is certain; if you’re interested investing in cryptocurrencies then you’d do well keep your eye on what happens next at Velo!

Cryptonium Editors