Gucci: Crypto coin as payment to be accepted

Gucci

09 August 2022, Mumbai:

Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE).

ALSO READ  Gucci: a year of sustained growth further extending the brand’s authority 

 

RELATED NEWS .  The third round of applications for Gucci Changemakers is now available

The move towards crypto by the Gucci brand comes notwithstanding the cryptocurrency industry is living up to its legendary volatility.

As of now, Gucci will accept ApeCoin in US stores and plans to expand that reach across the rest of its North American presence. Apecoin's price has soared from nearly $6 on August 2 to $7.4 on August 9.

(ET report)...The news article has not been edited by DFU Publications staff.

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