The cryptocurrency market continues to attract the attention of institutional companies day by day. Institutional companies are announcing that they will participate in the cryptocurrency market, make investments and add them to payment options. Finally, the announcement came from WeWork, who's next?
Office sharing provider WeWork said in a statement today that it accepts cryptocurrencies as a form of payment and will keep cryptocurrencies on its balance sheet. The company, which will work in partnership with BitPay and Coinbase, will add cryptocurrencies to payment systems.
WeWork will work with BitPay while accepting payments, accepting many cryptocurrencies, especially Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Paxos (PAX). WeWork will add cryptocurrency to its balance sheet via Coinbase, as well as make payments to homeowners and third party partners with cryptocurrency. Last week, Coinbase's stocks started trading on Nasdaq. At the end of this year, WeWork plans to be listed in New York.
The participation of world-renowned corporate companies in the cryptocurrency markets, their investment and acceptance as a means of payment shows the power of cryptocurrencies. Many corporate companies will participate in the cryptocurrency market in the coming months, I think Netflix is at the top of them. In a time when cryptocurrencies and NFTs are popular, I hope Netflix will not be late to join. I think a statement will come from Netflix in the coming days. In the coming months, Netflix will announce its transition to cryptocurrencies to accept as payment and to use when paying third-party partners.