Case Study: Asset Mantle cuts crypto transaction costs by 80% with Gloroots

Asset Mantle's Crypto Payments with Gloroots

Asset Mantle, a decentralized NFT marketplace, faced high costs and restrictive minimum transaction limits when using over-the-counter (OTC) crypto payments for its contractors. Seeking a more financially viable solution, the company turned to Employer of Record (EOR) providers but was initially disappointed with the lackluster service. Asset Mantle then engaged with vendor Gloroots to address these challenges.

Gloroots implemented its SaaS-based EOR platform with a crypto payment feature to onboard and pay contractors. The solution provided a compliant payrolling process with a flat fee structure, eliminating hidden costs and minimum transaction caps. As a result, Asset Mantle streamlined its payments and achieved an 80% reduction in transaction costs. Gloroots' responsive support and compliance with global payroll laws were also highlighted as key benefits.

Asset Mantle

Prabhav Varambally

VP, Customer Enablement