Spree Finance, a blockchain-based commerce, rewards, and credit infrastructure network, has entered into an exclusive collaboration to facilitate payments and rewards for BookIt, a next-generation booking platform developed by OneCompany and Superlogic. This partnership aims to enhance user experiences by enabling them to make transactions using cryptocurrencies for travel, entertainment, and retail while earning stable-coin-backed rewards.
Expanding Crypto Usability in Retail and Travel
The collaboration marks a significant milestone in decentralized commerce by allowing cryptocurrency holders to seamlessly conduct transactions with over two million real-world merchants. Through this initiative, Spree’s on-chain payment infrastructure and decentralized finance (DeFi) credit system will be integrated into BookIt’s extensive network. Users will have the ability to make purchases using more than 3,000 cryptocurrencies and tokens while earning Spree Points (SP), a stable-coin-backed reward system.
Industry leaders believe that while blockchain technology has proven effective for digital asset trading, its adoption for real-world transactions remains a challenge. Spree’s integration with BookIt seeks to address this issue by providing a streamlined payment system that bridges digital assets with real-world commerce. The extensive merchant network within BookIt is expected to facilitate broader adoption of blockchain payments.
Innovating the Payment and Credit Infrastructure
Spree Finance is redefining digital transactions by combining blockchain commerce with a structured credit infrastructure. This dual-layered system enables effortless digital asset transactions while ensuring merchants receive instant liquidity. At the core of Spree’s network are two key tokens: Spree Token, which governs the ecosystem, and Spree Points (SP), a stable-coin-backed universal rewards token. This token incentivizes users and streamlines transactions across the merchant network, while also powering Spree’s DeFi lending protocol. The protocol aims to facilitate instant settlements for merchants and enable credit access for consumers.
Unlike conventional payment methods such as Visa and Mastercard, where merchants incur substantial transaction fees, Spree’s decentralized network significantly reduces processing costs. Merchants benefit from lower fees, greater control over their revenue, and the ability to provide direct rewards to consumers without intermediaries.
Enhancing Loyalty and Consumer Benefits
BookIt offers more than just travel bookings by providing users with access to exclusive experiences, including premium event tickets, concerts, and curated luxury experiences. Through its integration with Spree Finance, BookIt members can earn significantly higher rewards compared to traditional platforms. The native reward system utilizing Spree Points allows consumers to accumulate and redeem points across a broad network of merchants, enhancing their purchasing power and loyalty benefits.
Industry experts emphasize that BookIt aims to redefine the e-commerce experience in travel, entertainment, and retail by prioritizing consumer rewards and loyalty. The integration with Spree Finance is seen as a pivotal step in transforming the rewards and travel industry. BookIt’s leadership is actively working on expanding blockchain-based solutions across multiple enterprises, leveraging their experience in collaborating with major global brands.
Spree Finance’s Presence at ETH Denver 2025
Spree Finance is set to participate in ETH Denver 2025, with a strong presence in various activities. Co-founder and head of technology Carter Razink will take part in the Buildathon, where Spree will sponsor the winning team’s trip to the next ETH Denver event. Additionally, on February 28, Spree will co-host an exclusive gathering with key Web3 communities, fostering discussions on blockchain adoption. This will be followed by a networking event at Temple nightclub.
On March 1, a live discussion at the ETH Denver conference will feature executives from BookIt, Spree, and other blockchain enterprises, where they will explore the future of decentralized commerce and credit. Attendees will have an opportunity to visit Spree’s booth to experience BookIt’s super-app and Spree’s DeFi solutions firsthand. For a limited period, visitors to the booth will be eligible for complimentary pre-registration for a Gold-tier BookIt membership, unlocking premium benefits.
To conclude ETH Denver 2025, Spree Finance will host a private dinner in collaboration with a leading hedge fund, bringing together blockchain experts, investors, and enterprise leaders. This event is designed to encourage cross-industry collaborations and drive mass adoption of blockchain-based commerce solutions.
The Road Ahead
As the partnership progresses, Spree Finance and BookIt plan to expand their ecosystem, integrating more enterprise partners and enhancing decentralized financial infrastructure. The initiative is expected to play a crucial role in bridging blockchain technology with mainstream commerce, making digital asset payments more accessible to everyday users.