One of the Largest Airlines in Europe to Accept Crypto
By Marko Vidrih on The Capital
Clients of one of the largest airlines in Europe, Norwegian Air, will soon be able to pay with cryptocurrency reports local publication citing Stig Kjos-Mathisen, chairman of Norwegian Block Exchange (NBX) — a trading platform which has developed a Payment solution for airlines.
“Everything is ready from our side,” he said. “NBX will provide access to the system to customers this year, perhaps already in early spring.”
Kjos-Mathisen is the son-in-law of billionaire Bjorn Kjos, founder and CEO of Norwegian Air. Since the launch of NBX in 2019, they have planned to use the exchange infrastructure in the sale of airline tickets.
In September, one of Norway’s oldest banks acquired 16.3% of NBX, presumably for $1.6 million. The beta version of the exchange for a limited number of customers was launched in September, and now it is ready to accept new users.
Norwegian Air Shuttle was founded in 1993. It is the largest airline in Scandinavia and the third-largest low-cost airline in Europe.
What cryptocurrencies will be accepted for paying for tickets is not known. According to media reports, the son of the founder of Norwegian Air, Lars Ola Kjos, acquired BTC for $400,000 in 2017, shortly before reaching an all-time high.
Author: Marko Vidrih
Featured image credit: Pixabay
