TokenPay Denies Rumors as Verge Mystery Partner

Apr 17, 2018 at 7:49

Despite rumors on the identity of Verge’s (XVG) prospective partner that forced it to conduct a crowdfunding of over 75 million tokens, TokenPay denied that it is the mystery acquisition of the said altcoin.

TokenPay chief executive officer, Derek Capo said that they are not the planned acquisition of XVG but mentioned that they are working on several projects with the latter.

Before the admission, a lot of those who supported XVG’s crowdfunding believed that TokenPay is the still unnamed company that will be acquired by XVG.

Meanwhile, Capo called for unity among crypto communities in pushing cryptocurrencies and blockchain-based technology for various real life applications and purposes.

XVG is set to reveal the identity of the mystery partner today, April 17.

The hype for the announcement has affected XVG’s price positively. As of this writing, it is the 21st largest cryptocurrency based on its market cap of $1.2 billion with a price of $0.0816 per token.

It recorded its all-time high price of $0.23$ per unit last December.