Company now accepts 300+ cryptocurrencies for direct sales, explores blockchain-based financing solutions, and intends to build crypto reserves on its balance sheet
Recreatives Industries, Inc. (OTC: RECX) (“Recreatives” or the “Company”), the manufacturer of the legendary MAX 6×6 Amphibious All-Terrain Vehicles, announced the successful implementation of a cryptocurrency payment system on its official website (www.maxatvs.com), enabling customers worldwide to purchase new MAX vehicles, parts, and accessories using digital assets.
Through the new platform, Recreatives now accepts over 300 different cryptocurrencies, including major tokens such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and stablecoins, as well as a wide range of alternative coins. By adopting crypto, Recreatives has expanded its reach to global customers while offering a fast, secure, and borderless payment option.
“As the direct manufacturer of MAX ATVs, integrating cryptocurrency payments provides our customers with more choice and flexibility, while reducing reliance on traditional payment rails that can be costly or restrictive internationally,” said Andrew Lapp, CEO of Recreatives Industries. “This is another example of how we are modernizing our operations to meet the demands of today’s consumers and prepare our business for future growth opportunities.”
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Key Benefits of Crypto Payments for Recreatives and Its Customers
- 300+ cryptocurrency options accepted, including leading coins and stablecoins
- Global accessibility, eliminating cross-border banking barriers and costly international transaction fees
- Direct-from-manufacturer purchasing, ensuring customers worldwide can order MAX vehicles and accessories seamlessly
- Enhanced payment security, utilizing blockchain verification for transactions
- Future financing opportunities, as the Company explores blockchain-based solutions for dealer floor plans and consumer vehicle financing
Building Crypto Assets and Reserves
In addition to enabling crypto payments, Recreatives Industries also intends to strategically retain a portion of received cryptocurrency on its balance sheet as part of a long-term treasury strategy. By building up crypto assets and reserves, the Company aims to:
- Diversify its financial holdings beyond traditional fiat reserves
- Participate in the potential long-term appreciation of digital assets
- Strengthen its ability to transact globally with both customers and suppliers
- Create additional value for shareholders by actively implementing blockchain-driven financial practices
The Company also confirmed that it is evaluating expansion of blockchain and crypto utilization throughout RECX’s operations, including alternative dealer financing models and consumer financing solutions powered by cryptocurrency. This could enable Recreatives to offer unique financing opportunities worldwide, further reducing friction for dealers and buyers entering the amphibious ATV market.
“Cryptocurrency adoption continues to accelerate globally, and by positioning ourselves early in the relaunch of MAX ATVs, Recreatives is creating new opportunities to scale sales, expand distribution, and build innovative financing solutions that traditional lenders often cannot match,” added Lapp.
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