On May 1, 2020, GDA Capital, the first merchant bank in North America to focus on blockchain and digital assets, announced that it is joining the DigitalBits ecosystem. GDA, in collaboration with other ecosystem participants, will provide the infrastructure necessary for consumers, merchants, brands and payment providers to benefit from branded cryptocurrencies, inclusive of the emerging subcategory of branded stablecoins.
“Brands and corporations may spur the next wave for banking the unbanked, and we believe that branded currencies may be the first glimpse of achieving this.” said Michael Gord, GDA CEO. “With DigitalBits, we intend to bring this emerging asset category together with today’s digital banking solutions.”
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