Follow The Wall Street Journal, starting next month, French fashion brand Balenciaga will bring Bitcoin and Ethereum Click on the payment option at some pilot sales locations and also online shopping.
Luxury fashion is no stranger to Web3. Last year saw many brands including Balenciaga, Gucci, Nike, Dolce & Gabbana and Burberry release collections. NFT and lay the first bricks for the conquest journey metaverse.
Gucci fashion house begins piloting payment with cryptocurrency online at 5 sales locations by the end of May. Gucci will open payments in Bitcoin (BTC), Bitcoin Cash (BCH ONLY), Ethereum (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), Dogecoin (DOGE), Shuba Inu (SHIB) and 5 stablecoins is different.
In December, Balenciaga announced the creation of a business unit metaverse internal. However, Cédric Charbit, the company's CEO, refused to reveal anything about the unit's long-term plans or strategy, he said.metaverse as a country”, a market as important as any country in which the brand currently operates.
This move shows that they are considering cryptocurrencies as an important part of their long-term plans, they are not even shaken even when the market is volatile after the historic crash. LUNA-UST. The amount of Bitcoin needed to buy a Balenciaga hoodie worth $1,250 last November would cost just under $563 today. When asked if the recent market crash would affect Balenciaga’s position on the cryptocurrency, Charbit was only interested in the “long-term” trend.