Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Rumble bets on Bitcoin with new creator payment wallet

Rumble bets on Bitcoin with new creator payment wallet

CryptoSlateCryptoSlate2025/01/24 23:00
By:Oluwapelumi Adejumo

Rumble's new crypto wallet aims to revolutionize creator payments and drive blockchain adoption.

Rumble, a prominent video-sharing platform, has revealed plans to introduce a crypto wallet designed to enhance payments between users and content creators.

The platform’s CEO, Chris Pavlovski, announced the project on Jan. 23, stating that the new “Rumble Wallet” will provide a simple and efficient way for creators to receive payments.

He stated :

“Rumble Wallet is coming — confirmed. This is a massive internal project which creates a new way for creators to transact.”

According to him, the wallet will support Bitcoin ( BTC ) and Tether (USDT), allowing users to pay for subscriptions or send tips directly in crypto.

Pavlovski commented that this development sets Rumble apart from other platforms, marking it as a pioneer in offering digital payment solutions for creators. He described the wallet as a step toward building a “new financial highway” that empowers creators and strengthens the platform’s ecosystem.

This move reflects the platform’s focus on integrating blockchain technology to unlock new opportunities for its community. Tether’s CEO, Paolo Ardoino , praised the initiative, predicting that the wallet could quickly gain traction due to Rumble’s extensive user base of nearly 100 million monthly active participants.

Expanding crypto strategy

The Rumble Wallet is part of a larger strategy to incorporate digital assets into the company’s operations.

Recently, Rumble completed its first Bitcoin acquisition, signaling a commitment to adopting crypto as a key part of its financial infrastructure.

Although Pavlovski did not disclose the exact size of the Bitcoin purchase, he hinted at additional investments, aligning with Rumble’s plan to allocate up to $20 million to Bitcoin acquisitions. He emphasized its ability to hedge against inflation and avoid risks tied to excessive money printing.

Rumble recently secured a $775 million investment from Tether. This deal involved the purchase of over 103 million Class A shares, granting Tether a substantial financial stake in the company.

Rumble’s embrace of crypto appears to be yielding positive results. The platform’s stock price has grown remarkably, doubling in value over the last six months. According to Google Finance data , its shares are trading at $13, up 2% at pre-market trading.

Mentioned in this article
Bitcoin Tether Tether Limited Paolo Ardoino
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like