Staynex, a Singapore-based AI-powered Web3 journey platform chaired by Priceline and Reserving Holdings founder Jeff Hoffman, at present introduced the total acquisition of Sleap.io, a Zug-based resort reserving expertise firm, in a transaction valued at €12.8 million ($15 million).
The deal integrates Sleap’s reserving platform, operational capabilities, and core crew into Staynex. The acquisition combines Staynex’s token-powered loyalty ecosystem and Asian market presence with Sleap’s proprietary resort reserving engine, European market experience, and established relationships throughout the digital asset ecosystem, together with Gate and Coinbase. The mixed entity will function underneath the Staynex model.
This transaction happens forward of Staynex’s scheduled April 2026 token technology occasion (TGE) and upcoming change itemizing objectives. It additionally signifies the official launch of its token-based journey rewards system, offering instant sensible use in real-world journey from the beginning.
“After we based Sleap in 2023, our mission was to reimagine resort reserving for the Web3 period. Becoming a member of Staynex is a powerful validation of that imaginative and prescient. I’m excited to step right into a senior management function and work intently with Yuen and Jeff Hoffman to construct one thing actually transformative. We’re not simply combining two companies, we’re serving to outline a brand new class of journey platform,” stated Michael Ros, founder, Sleap.io.
Based in Switzerland in 2023, Sleap is a Web3-powered resort reserving platform, integrating cryptocurrency funds, wallet-based authentication, and tokenised rewards to supply aggressive charges and enhanced journey experiences. It presents entry to greater than 1.5 million resorts worldwide, and utilises the Camino Community together with the broader Web3 infrastructure.
Following the acquisition, Ros will turn into the CEO of Europe for Staynex Group. The core crew from Sleap will even transfer to Staynex, sustaining continuity in product, engineering, operations, and industrial relationships because the mixed firm grows.
Staynex has been constructing an AI-powered Web3 journey ecosystem across the STAY token, social membership, and community-led journey experiences. Led by Jeff Hoffman, Staynex is combining journey credibility with crypto-native product design to create a platform the place customers can ebook, earn, have interaction, and take part in a rewards system constructed for contemporary travellers.
Collectively, the 2 corporations construct a extra strong world base: Staynex expands its European presence, enhances its reserving infrastructure, and advantages from an skilled hotel-tech crew. In the meantime, Sleap’s expertise integrates right into a wider consumer-focused ecosystem that emphasises token utility, AI, and social journey options.
“This acquisition provides Staynex precisely what the market is in search of proper now: stronger traction, deeper infrastructure, and sensible utility forward of our subsequent main milestones. Sleap has constructed distinctive reserving expertise and established significant credibility in Europe. Bringing their platform and crew into Staynex forward of our TGE and change itemizing section considerably strengthens the muse of the STAY ecosystem,” stated Yuen Ho Wong, CEO and Founder, Staynex Group.
The built-in platform presents award-winning reserving infrastructure linked to actual journey demand, STAY rewards for reserving exercise to boost token utility, AI-driven journey discovery and reserving for a smoother person expertise, social membership options targeted on neighborhood, entry, and engagement, in addition to crypto and fiat fee choices for world journey.
It goals for European growth and elevated market credibility by way of Sleap’s expertise and partnerships, alongside a stronger pre-TGE case primarily based on product readiness and shopper adoption.
