NASDAQ-listed FAT Brands accepts Bitcoin for franchise payments

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

FAT Brands, an iconic restaurant chain listed on the Nasdaq, has added cryptocurrency to its accepted payment methods.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

The global restaurant franchising company announced the move via a press release on April 2, noting that it now officially accepts Bitcoin for royalty payments. The company now supports BTC for franchise payments at its more than 2,300 locations worldwide.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

FAT is the parent company of Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and 14 other restaurant franchises across the globe. The move to add Bitcoin for royalty payments makes FAT Brands the first company in the restaurant franchise industry to adopt crypto amid growing mainstream interest.