Quick Breakdown
- Boyaa integrates Alchemy Pay into MTT Sports to allow fiat-to-BTC token purchases.
- The Web3 poker platform is backed with 100 BTC in tournaments and $4.18M in token investment.
- Boyaa holds over 3,600 BTC as a core part of its Web3 ecosystem expansion.
Hong Kong-listed gaming firm Boyaa Interactive is pushing deeper into digital assets, combining a growing Bitcoin treasury with a new fiat-to-crypto gateway for its Web3 poker platform, MTT Sports.
Alchemy Pay Onboards Mainstream Gamers
On August 27, Alchemy Pay revealed it had integrated its fiat on-ramp directly into MTT Sports, enabling users in 173 countries to purchase the platform’s native MTT tokens through Visa, Mastercard, and mobile wallets.
The integration bypasses traditional exchanges and allows gamers to buy into BTC-denominated tournaments with a credit card — removing one of the biggest barriers for mainstream players entering blockchain-based poker.
Boyaa’s Big Bet on MTT Sports
MTT Sports, a Web3 Texas Hold’em hub, sits at the center of Boyaa’s blockchain push. The platform, seeded with 100 BTC in tournament funding, runs free-entry competitions with crypto prize pools. Boyaa has since reinforced its commitment with a $4.18 million USDT investment in MTT tokens, bringing its total stake in developer MTT ESports to about $10 million.
Unlike a standalone startup, MTT Sports is part of Boyaa’s broader gaming portfolio, which spans roughly 70 titles. With direct access to over 530 million registered users across more than 100 countries, the company hopes its poker venture can channel a fraction of its vast player base into the Web3 space.
Bitcoin as Strategic Infrastructure
Boyaa’s Web3 strategy is not limited to gaming mechanics. The firm has positioned Bitcoin as the backbone of its digital economy plans, recently boosting its holdings by 3,670 BTC in a $33 million purchase. Its treasury now exceeds 3,600 BTC, which Boyaa describes as an “important foundation” for long-term ecosystem development rather than a speculative asset.
In November 2024, Boyaa Interactive emerged as Asia’s largest corporate Bitcoin holder. The company converted 14,200 ETH, worth about $49.48 million, into 515 BTC, bringing its total Bitcoin reserves to an impressive 3,183 BTC.
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