Travala, The #1 Bitcoin and Crypto Travel Booking Portal, Announces Support for sBTC and STX

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Theblock
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5 months ago

Travala, the leading crypto-native travel booking platform, will roll out bookings with sBTC and STX for their users in January 2025. Founded in 2017, their mission is to "increase crypto adoption through travel," and they're taking another step closer to that mission by adding support for STX and sBTC. The platform’s integration of sBTC and STX adds yet another option for users looking for a blend of traditional travel services with blockchain technology.

Travala, the leading crypto-native travel booking platform, will roll out bookings with sBTC and STX for their users in January 2025. Founded in 2017, their mission is to “increase crypto adoption through travel,” and they’re taking another step closer to that mission by adding support for STX and sBTC.

Travala offers access to:

Travala leverages crypto to offer tokenized incentives, and travelers can receive up to 10% back in Bitcoin or AVA rewards. The team recently recorded a milestone achievement, surpassing $100 million in gross yearly revenue in 2024. The web3 travel platform supports payments in over 100 cryptocurrencies and traditional payment options, with approximately 80% of its user base opting to pay with crypto. In Q3, Travala also integrated Solana into its platform, announced at the Solana Breakpoint event.

Travala x sBTC

Starting in January 2025, Travala will enable its hundred thousand-plus monthly active user base to pay for flights, hotels, and activities with sBTC and STX.

In addition, Travala will team up with the Stacks ecosystem to give away travel vouchers for booking through the platform.

With sBTC, Travala users will be able to use Bitcoin to book travel even more efficiently, with sBTC and Stacks enabling fast (5 to 10-second) Bitcoin transactions on the Travala platform.

"We're excited to introduce bookings in sBTC on Travala in our continued goal of making travel more accessible through crypto," said Juan Otero, CEO of Travala. "With sBTC, travelers can enjoy faster Bitcoin transactions, delivering an even more seamless experience when booking flights, hotels, and activities.”

Travala’s announcement is part of the Stacks Foundation's "Best and the Brightest" campaign, which showcases leading organizations that support sBTC. This campaign features top organizations across the Bitcoin ecosystem, emphasizing their commitment to advancing the utility and accessibility of Bitcoin. By aligning with industry leaders, the Stacks Foundation seeks to educate the community about the transformative potential of sBTC and its role in activating a robust Bitcoin economy.

 

This post is commissioned by Stacks and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.

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© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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