Balenciaga Is Going to Support Payments in Bitcoin and Ether

by in Cryptocurrency News

Balenciaga crypto payments

Fashion house Balenciaga will provide the possibility to make payments in cryptos, particularly in Bitcoin and Eth. The brand's flagship stores in LA, New York, and its online store will support the option.

Related: Gucci Will Accept Crypto In Several US Stores

Earlier this month Balenciaga released its NFT collection on the NFT marketplace of Crypto.com. The CEO of the company, Cédric Charbit told the Wall Street Journal that the stores will start accepting crypto from June.

He mentioned that the recent sell-off didn't affect the company's decision as they were thinking long-term. The creative director of the firm, Demna Gvasalia also posted the news on Instagram.

Balenciaga is not the only brand to allow crypto payments. In recent months, popular companies Gucci and Off-White revealed accepting some cryptos for payments.