Bermuda Partners with WalletConnect to Bring Crypto Payments to Local Merchants, Starting with PTIX in Q2 2027

Bermuda is advancing its onchain economy plan by selecting WalletConnect, a leading Web3 communications protocol, to enable crypto payments for local businesses. The initial rollout will focus on PTIX, a ticketing platform, expected to launch in the second quarter of 2027. This partnership aims to modernize the island's payment infrastructure and position Bermuda as a hub for digital asset adoption. The move could attract crypto-savvy tourists and businesses, while providing merchants with lower transaction fees and faster settlements compared to traditional payment rails. By integrating WalletConnect's technology, Bermuda seeks to create a seamless experience for both consumers and vendors, fostering economic growth in the digital age. As the first phase targets ticketing, success could pave the way for broader retail adoption, making Bermuda a testbed for onchain commerce in the Atlantic region.