In brief
- Rumble is working with Tether to incorporate Bitcoin tipping in its video sharing platform.
- The firm adopted a Bitcoin treasury strategy and purchased its first tranche earlier this year.
- Shares of Rumble (RUM) fell slightly on Friday, now down more than 45% year-to-date.
Publicly traded video sharing platform Rumble is integrating Bitcoin tipping, the firm’s CEO Chris Pavloski announced while onstage at the Plan B Forum in Lugano, Switzerland.
The firm is working with stablecoin issuer and major investor Tether to enable Bitcoin tips, which are expected to be rolled out in full by early to mid-December.
“Right now, we’re in the testing phase,” said Pavloski. “We’re going to start rolling that out alongside Tether here in the coming weeks.”
The YouTube rival boasted around 51 million active users in Q2, down from 59 million in
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Author: Logan Hitchcock
