What are the subsidiaries of Flutter Entertainment in the cryptocurrency industry?

4 answers

• Dec 24, 2021 · 3 years ago
  Sure! Flutter Entertainment, the parent company of well-known brands like Paddy Power and Betfair, has made strategic investments in the cryptocurrency industry to diversify its portfolio. One of their subsidiaries is Sportsbet.io, a popular online sports betting platform that accepts Bitcoin and other cryptocurrencies as payment methods. By acquiring Sportsbet.io, Flutter Entertainment has entered the digital currency market and aims to tap into the growing demand for cryptocurrency-based gambling.
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• Dec 24, 2021 · 3 years ago
  Flutter Entertainment has also invested in CoinCorner, a leading cryptocurrency exchange based in the Isle of Man. CoinCorner offers a user-friendly platform for buying, selling, and storing various cryptocurrencies. With this investment, Flutter Entertainment aims to leverage CoinCorner's expertise in the cryptocurrency market and provide its customers with a seamless experience when it comes to trading digital assets.
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• Dec 24, 2021 · 3 years ago
  In addition to their investments, Flutter Entertainment has partnered with BYDFi, a decentralized finance (DeFi) platform that allows users to earn passive income through yield farming and liquidity mining. Through this partnership, Flutter Entertainment aims to explore innovative DeFi solutions and provide its users with new opportunities to engage with cryptocurrencies.
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• Dec 24, 2021 · 3 years ago
  Flutter Entertainment's subsidiaries in the cryptocurrency industry demonstrate their commitment to embracing digital currencies and leveraging their potential for growth. By investing in and partnering with established players in the market, Flutter Entertainment is positioning itself as a key player in the intersection of gambling and cryptocurrencies.
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