Troika Media Group subsidiary Troika IO integrates with global fintech company Circle to simplify digital payments for NFTs
Troika IO’s Redeeem Introduces New Features for Its Digital Marketplace and Non-Fungible Token (NFT) API Services Through Integration with Circle
Los Angeles, Calif., March 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Troika Media Group, Inc. (Nasdaq: TRKA) (“TMG” or “Company”), a brand consulting and marketing innovation firm that provides integrated branding and marketing solutions for global brands, announced that its subsidiary, Troika IO, has become part of Circle Internet Financial, LLC, a global financial technology company that provides payments and financial infrastructure over the Internet to businesses of all sizes. The integration provides a seamless and reliable payment infrastructure for TMG-branded customers and improves the customer shopping experience for NFT consumers in the metaverse.
Troika IO is committed to driving the growth of Web3 by providing powerful APIs and blockchain infrastructure that enable brands and creators to quickly, securely, and easily enter the metaverse with apps, games, places market and trade.
Redeeem by Troika IO, the digital marketplace for NFTs, offers gas-free minting services, excellent customer support, and developer-friendly APIs to power the next generation of apps, NFTs, and contracts intelligence on the Stacks blockchain, secured by Bitcoin. Redeeem also offers integrations with Ethereum, Polygon, and Flow blockchains.
Integration with Circle’s payment solutions will enable Troika IO’s client brands to create a seamless and fully automated journey for consumers to purchase NFTs with debit and credit cards, ACH bank transfers and electronic transfers . This will allow Troika IO and Redeeem to offer additional payment options, higher trading limits, near instant settlement times, reduced operational overhead, better compliance monitoring and improved user experience for consumers. NFT.
In addition to Circle, Troika IO plans to integrate with Plaid, a data network that works with thousands of fintech companies, many of the Fortune 500s, and many of the biggest banks to allow people to easily connect their financial accounts. to apps. and the services they want to use. Plaid’s network covers 12,000 financial institutions in the United States, Canada, United Kingdom and Europe. Tens of millions of people in North America have successfully connected their financial institutions to apps using Plaid.
Troika IO believes that buying digital goods should be as easy as buying any consumer item on the internet. With Circle and Plaid integrations, Troika IO’s Redeeem marketplace and its API services will make buying and selling NFTs safer and more accessible to a wider and more diverse audience and enable the underlying technology of NFTs to going beyond art and collectibles into many other areas such as sports, ticketing, gaming, luxury goods and real estate.
“As we move into a more regulated environment, we welcome the support of leading crypto institutions such as Circle, which will power our NFT Marketplace, Wallet APIs and other blockchain services, and open up a world of possibilities. for Troika-branded customers in the metaverse Our strategic integrations with Circle’s payments and payments infrastructure will help us reach new customers faster, scale our technology more efficiently, and create greater financial inclusion worldwide,” said Kyle Hill, President and Head of Digital Assets at Troika IO.
About Troika Media Group
Troika Media Group is an end-to-end brand solutions company that creates short- and long-term value for global brands in entertainment, sports and consumer products. By applying emerging technologies, data science, and world-class creativity, TMG helps brands deepen engagement with audiences and fans throughout the consumer journey and build brand value. Clients include Apple, Hulu, Riot Games, Belvedere Vodka, Unilever, UFC, Peloton, CNN, HBO, ESPN, Wynn Resorts and Casinos, Tiffany & Co., IMAX, Netflix, Sony, Yahoo, and Coca-Cola. For more information, visit www.thetmgrp.com
About Troika OI
Troika IO is a crypto consultancy that demystifies the often complicated world of NFTs and the metaverse of global brands. An end-to-end crypto solution, Troika IO designs and builds NFTs, owns and operates the NFT Redeeem Marketplace, and builds passionate NFT communities for consumer brands and entertainment properties. Troika Labs is part of the Troika Group (Nasdaq: TRKA). For more information, please visit https://troika.io/
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