DAOGroup strikes partnership with MoneyMatrix

iGaming cryptocurrency solutions specialists to deliver DAOWallet to global network of operators

DAOGroup has signed a partnership agreement with MoneyMatrix  to supply DAOWallet, its premier cryptocurrency-fiat gateway, as an integrated payment solution for MoneyMatrix’s network of operators.

Delivering multiple unique features and benefits tailored to iGaming operators around the globe, DAOWallet’s innovative design supports a wide range of currencies, including Bitcoin and Ether for crypto, Tether and TrueUSD for stable coin, and Euro via SEPA and USD via Swift for fiat.

DAOWallet also interacts with Ether Scan to provide efficient gas pricing, as well as all major exchanges such as Binance, Kraken and Bitfinex, ensuring the very best rates for MoneyMatrix’s operators.

For peace of mind, DAOWallet’s pioneering AML and compliance tools scour the history of all incoming cryptocurrency transactions, eliminating any potential concerns regarding both the history of the user and of the specific coins.

DAOWallet operators further benefit from its crypto processing licence, which ensures all transactions on the operator side are fiat only – another key element ensuring every transaction is fully compliant on all sides.

With usability for both partners and players as a priority, DAOGroup CCO, Glen Bullen (seen left), sees DAOWallet as a game-changer when it comes to offering a new era of seamless crypto gaming transactions:

“DAOWallet brings something entirely new to the table compared to other wallets out there. Specifically designed for gaming, we give our partners peace of mind that they’re in full control of their funds and not at the mercy of gas prices, exchange volatility and commissions, or shifting regulatory requirements.

“We’ve seen a huge surge in interest and activity in crypto use across the iGaming sector this year and we’re confident our solution will prove a real asset when it comes to both re-engaging our partners’ players along with supporting their expansion into new markets after this year’s downturn.”

DAOWallet is scheduled to go live on MoneyMatrix at the end of September.

Commenting on the deal, Sean Spiteri, Head of Vendor Management at MoneyMatrix (seen right), added: “Offering our customers the best gaming experience requires catering to their every need and utilising the best products available.

“DAOWallet has real potential to be a true industry game-changer and we’re delighted to be one of the first major groups to be adopting their solution – we’re sure it will prove to be of significant benefit to both our partners and their players.”

About SiGMA Europe – Malta

SiGMA Group has announced the postponement of its Europe summit, which was planned to be held in Malta on 17-19 November 2020. The show will now open its doors early next year in February, running from the 16-18th, making it the first event to headline the 2021 gaming calendar.