ShareRing (SHR) Partners with GDA Capital for Growth Capital & Distribution
ShareRing (SHR) is an enterprise-ready blockchain geared towards the travel, sharing and on-demand economies. Focused on the fragmented $7 trillion travel economy, ShaeRing’s travel app will create a more cohesive customer experience by bringing all the necessary activities and bookings into one ecosystem, including hotel check-ins, flights, visa and tourist applications, COVID passports, self-sovereign digital identity cards, mobile wallets, payment solutions and vehicle rentals.
GDA Capital will be providing ShareRing with growth capital and will assist ShareRing with the distribution and adoption of the SHR token at the institutional level.
Co-founder of GDA Capital Michael Gord commented on the partnership by saying:
“With a partnership network that includes dozens of vendors that are ready to integrate ShareRing into their existing business infrastructure, this network is one of the most ready for real-world activations that we have seen”.
Head of ShareRing, Tim Bos said this when asked about the partnership:
“It's a real privilege to add GDA with their years of expertise under their belt to our growing list of influential partners and key collaborators. They are one of the top blockchain firms in supporting projects through development while also opening doors to numerous key firms in sectors ShareRing is operating within.”ShareRing’s value proposition includes travellers being able to book and pay for over 2.6 million hotels/accommodations, 1.2 million car rentals, 200,000 activities, and flights in over 200 countries using fiat or crypto. Furthermore, the company has made strides with significant partnerships to create a more seamless customer experience.
About ShareRing
ShareRing is a new platform that wants to take the hassle out of travel, with its all-inclusive travel app for both businesses and consumers. ShareRing is led by CEO and Founder Tim Bos. Along with the other 5 founders (Rohan Le Page, Peter David, Neville Christie, Jane Sadler-Kidd and Barry Brewster). The team recognized the potential to disrupt the fragmented sharing economy with blockchain technology. The group has successfully launched a previous car-sharing venture called ‘Keaz’, which was acquired by Wunder Mobility in 2019. Utilizing the knowledge gained from this prior experience, the team began working on ShareRing. For more information, please visit https://sharering.network.
About GDA Capital
Global Digital Assets (GDA Capital) is a global merchant bank focused on emerging technology, based in Toronto & New York City. GDA was founded through the joint venture between MLG Blockchain and Secure Digital Markets and offers a full suite of services including ventures, capital markets and liquidity. Our team has played a significant role in taking dozens of tokens to market for clients around the world; having led million-dollar marketing and activation campaigns, and completed over three billion dollars of private placement or OTC transactions. We have worked with a variety of firms ranging from family offices, HNWI, Fortune 100 enterprises, startups and global governments looking to accelerate their country's adoption of blockchain. For more information please visit:
GDA Capital Group
Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Tokens and virtual currencies, in general, are not legal tender, in any country, and are not backed by any government as legal tender, nor should they be treated as such.
