Crypto travel platform Travala receives acquisition interest, valuation may exceed $100 million
insiders revealed that Travala, a cryptocurrency travel platform supported by Binance, received a non-invitation acquisition intention by the end of 2024. The company's revenue exceeded $100 million in 2024 and is expected to grow exponentially in 2025, with a current estimated valuation of over $100 million.
It is reported that Travala's advisory team has contacted multiple online travel giants including Booking.com, but the latter has politely declined the acquisition proposal. As an important minority shareholder, Binance has decision-making power in this potential acquisition.
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.
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