CEO Dan O’Toole desires to pay and receives a commission in Bitcoin
INDIANAPOLIS, INDIANA / ACCESS Newswire / August 25, 2025 / Arrive AI (NASDAQ:ARAI), an autonomous supply community anchored by patented AI-powered Arrive Factors™, is making ready to make use of Bitcoin cryptocurrency to pay its distributors, shoppers and workers preferring it over conventional {dollars}.
“We expect cryptocurrency is a greater approach to pay, and as we proceed to increase our footprint globally, we expect our associates might be completely satisfied to have this selection,” mentioned Arrive AI CEO Dan O’Toole, who would be the first staffer to simply accept his compensation in cryptocurrency.
O’Toole mentioned he’s following the cryptocurrency technique mannequin established by Micro Methods.
“Long run, we see the chance to transcend Bitcoin by creating our personal token, an Arrive Coin. It might be designed for use throughout our total ecosystem: paying workers and contractors, rewarding loyal prospects, settling vendor contracts, and even streamlining transactions inside our supply community. As a result of our enterprise sits on the intersection of logistics and AI, a proprietary digital forex may improve transparency, pace and effectivity whereas giving buyers and customers a stake within the progress of our platform.”
Further makes use of for cryptocurrency the corporate will contemplate embody retaining money holdings in Bitcoin and instituting a Bitcoin-denominated On the Market (ATM) program to facilitate fundraising.
A 2024 Deloitte survey confirmed that more than 6,000 U.S. businesses accept bitcoin as a method of cost. An accompanying Deloitte perspective mentioned crypto provides advantages that conventional forex would not, together with real-time and correct revenue-sharing and enhanced transparency to facilitate back-office reconciliation.
Bitwage, a global payroll providers supplier, says savvy tech workers prefer cryptocurrency due to its real-time funds throughout worldwide borders, elimination of some transaction charges and the potential for added worth from bitcoin market worth, amongst different concerns. Bitwage mentioned crypto significantly appeals to blockchain builders, distant tech employees and Web3 professionals. The group cited a 2023 Deloitte report that discovered greater than 60 % of Millennials and Gen Z view crypto as a key a part of the longer term monetary system.
“We’re a tech firm on the rise, and we want the very best minds within the AI area to assist us proceed to refine our platform and benefit from AI-driven learnings as we go,” O’Toole mentioned. “Providing compensation in cryptocurrency – and probably our personal Arrive Coin sooner or later – is one other approach to entice and retain these folks.”
Arrive AI is within the technique of tripling its workers so as to add synthetic intelligence scientists, delivering on the corporate’s dedication to be AI first in its operation and deliverables. Different jobs will embody software program and product engineering, underscoring Arrive AI’s dedication to steady refinements of its proprietary know-how and patented merchandise. Further positions will assist important gross sales and advertising and marketing capabilities as the corporate prepares for widespread deployment.
A Q2 2025 North American CFO Alerts survey, which polled 200 North American finance chiefs working at corporations with a minimum of $1 billion in revenues, confirmed that 99 percent of responding CFOs said they envisioned using cryptocurrency for enterprise capabilities in the long run. Almost 1 / 4 of them mentioned their corporations will use crypto for both investments or funds throughout the subsequent two years. Cited advantages included enhanced safety of buyer privateness, improved cross-border transaction facilitation, attracting new prospects, quicker transactions, elimination of chargebacks, decrease processing charges and better cost volumes.
O’Toole mentioned he additionally plans on utilizing cryptocurrency as an funding alternative for firm money available.
“Embracing the emergence of Bitcoin permits us to have an upside in stability sheet ‘money’ which might be a fantastic synergy in our economics,” he mentioned.
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About Arrive AI
Arrive AI’s patented Autonomous Final Mile (ALM) platform permits safe, environment friendly supply to and from a sensible, AI-powered mailbox, whether or not by drone, floor robotic or human courier. The platform gives real-time monitoring, good logistics alerts and superior chain of custody controls to assist shippers, supply providers and autonomous networks. By combining synthetic intelligence with autonomous know-how, Arrive AI makes the trade of products between folks, robots and drones frictionless and handy. Its system integrates with good dwelling gadgets corresponding to doorbells, lighting and safety techniques to streamline the complete last-mile supply expertise. Be taught extra at www.arriveai.com. See the corporate’s press kit here.
Media contact: Cheryl Reed, media@arriveai.com
Investor Relations Contact: Alliance Advisors IR, ARAI.IR@allianceadvisors.com
Cautionary Observe Concerning Ahead Trying Statements
This information launch and statements of Arrive AI’s administration in reference to this information launch or associated occasions include or might include “forward-looking statements” throughout the that means of Part 21E of the Securities Alternate Act of 1934, as amended, and the Non-public Securities Litigation Reform Act of 1995. On this context, forward-looking statements imply statements associated to future occasions, which can influence our anticipated future enterprise and monetary efficiency, and sometimes include phrases corresponding to “expects”, “anticipates”, “considers”, “intends”, “plans”, “prepares”, “believes”, “potential”, “will”, “ought to”, “may”, “would”, “desires”, “optimistic”, “within the technique of” or “might” and different phrases of comparable that means. These forward-looking statements are based mostly on data accessible to us as of the date of this information launch and signify administration’s present views and assumptions. Ahead-looking statements should not ensures of future efficiency, occasions or outcomes, for instance, whether or not the corporate’s implementation of its crypto technique might be profitable, whether or not the corporate will ultimately comply with by way of with its plan to make use of cryptocurrency in its operation, or whether or not it might be profitable in including supreme workforce, and contain vital recognized and unknown dangers, uncertainties and different components which can be past our management. Readers are cautioned to not place undue reliance on these forward-looking statements, which apply solely as of the date of this information launch. Potential buyers ought to evaluation Arrive AI’s Registration Assertion and different filings with the Securities Alternate Fee, for extra full data, together with the danger components which will have an effect on future outcomes, which can be found for evaluation at www.sec.gov. Accordingly, forward-looking statements shouldn’t be relied upon as a predictor of precise outcomes. We don’t undertake to replace our forward-looking statements to mirror occasions or circumstances which will come up after the date of this information launch, besides as required by legislation.
SOURCE: Arrive AI Inc.
View the unique press release on ACCESS Newswire
