Bitcoin Magazine Lava’s Zero-Fee Bitcoin Salary Conversion Gains Backing from USL’s Crognale

Lava, a leading bitcoin fintech company backed by Peter Thiel’s Founders Fund and Khosla Ventures, today announced an angel investment from Alex Crognale, the first professional soccer player in the United States League (USL) to receive a portion of his salary in bitcoin. The investment aligns with the launch of Lava’s innovative “Get Paid in Bitcoin” feature, which enables users to seamlessly convert their paychecks into bitcoin with “zero fees”, according to a press release shared with Bitcoin Magazine.

Crognale, a defender for San Antonio FC, gained attention in 2021 when he opted to receive part of his salary in bitcoin. Since October 2021, when he publicly announced his first salary payment

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