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  • Mt Pelerin Adds XTZ To Their Zero Fees On/Off-Ramp “Bridge Wallet” And Will Add Tezos Support For Their STO Platform

Mt Pelerin Adds XTZ To Their Zero Fees On/Off-Ramp “Bridge Wallet” And Will Add Tezos Support For Their STO Platform

Mt Pelerin

Mt Pelerin is a Swiss FinTech company that offers a non-custodial crypto wallet which is called “Bridge Wallet“. 

Bridge Wallet is the gateway to a new world of money, the mobile wallet, which now supports Tezos and its XTZ token, focuses on facilitating direct fiat to crypto investments and easy crypto withdrawals.

With more than 13,000 users today, Bridge Wallet is gaining traction for offering completely free crypto-fiat transactions, with no commission, inflated spread, or hidden costs.

Bridge Protocol

Mt Pelerin also offers an STO issuance solution on their “Bridge Protocol” platform. Currently, Bridge Protocol supports STO issuance on Ethereum, Binance Smart Chain, Polygon and Xdai.

Currently, Mt Pelerin is working on the integration of Tezos on Bridge Protocol as an addition to the current chains that are supported. Once integrated, it will be possible to launch STO’s on Tezos through Bridge protocol.

Tezos will be the first non-EVM (Ethereum Virtual Machine) based platform that is supported on Bridge Protocol. 

“Beyond our technology, we provide an all-in-one service to accompany other businesses in their tokenization project. We help them create the appropriate legal structure and documents, we help them setup STOs with again the required legal documents as well as the investor  compliance KYC/AML and fund collection infrastructure.” – Yann Gerardi Marketing Manager at Mt Pelerin

MPS token

The tokenized share of Mt Pelerin is currently an ERC20 token that is trading on Uniswap. Mt Pelerin is contemplating a partly migration of the MPS token to Tezos. First, they are working on integration of cross-chain support for EVM chains.

“We are working to make it live simultaneously on all supported EVMs, with a cross-chain bridge that we have developed.Bringing the MPS on Tezos would take extra time, as a different cross-chain bridge would need to be developed and I don’t have any information to share about that at this stage.” – Yann Gerardi Marketing Manager at Mt Pelerin