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Elrond Foundation acquires crypto payments firm Utrust

Elrond Foundation acquires crypto payments firm Utrust

Elrond Gold (EGLD) is acquiring Utrust, a Portugal-based cryptocurrency payments firm to integrate Utrust payment gateway into Elrond.

The two companies will be working together to launch Merchant Yield, a DeFi-first payment processing solution that provides yield for merchants instead of requiring them to pay a percentage of the transacted value.

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