News Report
April 02, 2022

Off-White™ Will Accept Cryptocurrencies in Stores

Fashion brand Off-White™ has announced it will start accepting cryptocurrencies as a payment method in their flagship stores in Milan, Paris and London. The brand will accept Ethereum (ETH), Bitcoin (BTC), Ripple (XRP) and USD Coin (USDC).

The transactions will be processed with the LUNU POS terminal. LUNU POS works with various crypto wallets, from Binance Coin (BNB) to Tether (USDT), calculating the crypto-to-fiat rate of exchange at the moment of purchase.

The fashion streetwear brand was founded by Virgil Abloh in 2012 in Milan, under the name “PYREX VISION”, and has then changed its name to Off-White™. In few years the house’s pieces became the hottest items within the fashion luxury sphere thanks to Virgil’s innovative view and the rise of streetwear as a trend.

After New Guards Group, the first investor of Off-White™ retained the license in 2021, the majority stake went to LVMH. Later, on November 28th, Virgil Abloh passed away in Chicago at the age of 41. The brand is currently run by the designer’s team.


Among other fashion brands that accept crypto payments are Philipp Plein, which adopted crypto in August 2021, and luxury Swiss watch brand Hublot, introducing crypto payments in February 2022.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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