Latitude59 Enabling Crypto Payments for Conference Tickets

    L59 DAY2 THENEXTESTMOONSHOT 22Latitude59, the Estonian flagship startup and technology conference, has teamed up with Estonia-based CoinsPaid, enabling attendees to effortlessly buy conference tickets using cryptocurrency.

    Liisi Org, the CEO of Latitude59 said that in Estonia, where everything is digital, it only makes sense to provide tickets in crypto. “We find it more than natural, taking this step for the start-up and tech community,” Org said.

    Estonia-based CoinsPaid, an ecosystem for crypto payments, processing approximately 8% of global on-chain Bitcoin transactions, supports payments in over 20 cryptocurrencies, with the option to convert them into more than 40 fiat currencies.

    Max Krupyshev, CEO of CoinsPaid, said that the company’s main goal is to drive crypto adoption in the online payments industry and connect the worlds of crypto and traditional finance. “We are happy to be a partner and a payment provider to such an honoured organisation as Latitude59. They are pushing for perfection, collaboration and innovation in everything they do, and it strongly resembles CoinsPaid values,” Krupyshev said.

    The collaboration of Latitude59 and CoinsPaid empowers attendees for the second time in Latitude59’s over a decade-long history, providing a seamless and innovative option to purchase conference tickets using cryptocurrency. It represents a noteworthy milestone at the intersection of the digital currency revolution and the technology event landscape.

    Fienta, the ticket platform Latitude59 is cooperating with, will be offering the possibility of crypto payments, for the first time.

    About Latitude59
    Latitude59 2024 is taking place on May 22-24 at Kultuurikatel in Tallinn, Estonia. This year, nearly 3,000 participants, including 800 startup representatives and 500 investors from around the world, are expected to attend the event. An investment of up to one million euros will be offered at Latitude59’s Pitch Competition for the second year in a row, this time in cooperation with Specialist VC and the Estonian Business Angels Network EstBAN.

    About CoinsPaid
    Since 2019, CoinsPaid has operated in Estonia under Dream Finance OÜ, registered and licensed as a provider of virtual currency services. The company's extensive reach encompasses over 800 merchant accounts worldwide, and a diverse team of 200+ professionals from 20 different nationalities based in 32 countries.

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