This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph.com independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph.com. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.
Sponsored Content
Full acquisition adds hotel booking technology, European market reach, and core team to Staynex in a $15 million transaction — strengthening STAY with practical travel utility and a stronger pre-launch case.
Singapore / Zug, Switzerland, April 8, 2026, Press release — Staynex Group Pte Ltd (“Staynex”), the AI-powered Web3 travel platform chaired by Priceline and Booking Holdings founder Jeff Hoffman, today announced the full acquisition of Sleap.io (“Sleap”), the award-winning European hotel booking technology company, in a transaction valued at $15 million. The deal brings Sleap's booking platform, operating capabilities, and core team into Staynex ahead of Staynex's planned mid-April 2026 TGE and exchange listing milestones.
In a market increasingly focused on traction, real users, and sustainable Web3 business models, the acquisition gives Staynex live booking infrastructure, stronger European reach, and a more credible go-to-market story around actual travel demand. By combining Staynex's community-led ecosystem with Sleap's hotel booking engine and European relationships, the company is building toward the future of social travel — where discovery, booking, rewards, identity, and community come together in one platform.
For Web3 investors, the message is straightforward: Staynex is entering its next phase with award-winning booking technology, five industry awards from Sleap, established relationships with Gate and Coinbase, and a clearer connection between product usage and the STAY ecosystem.
Building a global Web3 travel platform
Founded in Switzerland in 2023, Sleap.io quickly emerged as one of Europe's most promising travel-tech startups, building a next-generation hotel booking engine and positioning itself at the forefront of crypto-native travel.
Staynex, headquartered in Singapore, has been building an AI-powered Web3 travel ecosystem around the STAY token, social membership, and community-led travel experiences. Under the chairmanship of Jeff Hoffman, Staynex is combining travel credibility with crypto-native product design to create a platform where users can book, earn, engage, and participate in a rewards system built for modern travellers.
Together, the two companies create a stronger global foundation: Staynex gains deeper European reach, stronger booking infrastructure, and an experienced hotel-tech team, while Sleap's technology becomes part of a broader consumer-facing ecosystem designed around token utility, AI, and social travel mechanics.
Leadership perspectives
“This acquisition gives Staynex exactly what the market is looking for right now: stronger traction, deeper infrastructure, and practical utility ahead of our next major milestones. Sleap has built exceptional booking technology and established meaningful credibility in Europe. Bringing their platform and team into Staynex ahead of our TGE and exchange listing phase significantly strengthens the foundation of the STAY ecosystem.” — Yuen Ho Wong, CEO and Founder, Staynex Group
“When we founded Sleap in 2023, our vision was to reimagine hotel booking for the Web3 era. Joining Staynex allows that vision to scale globally. I'm excited to step into a senior leadership role and work closely with Yuen and Jeff Hoffman to help build a platform that connects travel, community, and token utility in a way that feels relevant for the next generation of users.” — Michael Ros, Founder, Sleap.io
“I've spent my career building travel platforms around consumer behaviour and real demand. What excites me here is that Staynex is not just building a token story — it is building a product that connects Web3 to actual travel activity. That combination of utility, timing, and market relevance is what makes this such an important move.” — Jeff Hoffman, Chairman, Staynex Group (Founder, Priceline / Booking Holdings)
What the combined platform delivers
Award-winning booking infrastructure connected to real travel demand
STAY rewards on booking activity, enabling practical token utility
AI-powered trip discovery and booking for a smoother user experience
Social membership layers designed around community, access, and engagement
Crypto and fiat payment options for global travel participation
European expansion and stronger market credibility through Sleap's technology and relationships
A clearer pre-TGE case built on product readiness and consumer adoption
Why this matters ahead of TGE and exchange listing
The acquisition is strategically timed ahead of Staynex's planned mid-April 2026 TGE and exchange listing milestones. With Sleap's booking engine integrated from day one, Staynex can present a clearer market narrative around product readiness, user value, and ecosystem utility.
For retail investors, that means the story is no longer just about future potential. It is about a platform entering the market with working infrastructure, travel use cases, and a stronger execution team already in place.
Leadership and team
As part of the acquisition, Sleap.io founder Michael Ros will join Staynex Group as CEO of Europe. Sleap's core team will also transition into Staynex, ensuring continuity across product, engineering, operations, and commercial relationships as the combined business scales.
About Staynex
Staynex is an AI-powered Web3 travel platform that combines tokenised rewards, social membership, and travel utility into a single ecosystem. Chaired by Priceline and Booking Holdings founder Jeff Hoffman, Staynex is building toward the future of social travel through AI-powered discovery, community participation, and the STAY rewards economy.
About Sleap.io
Sleap.io is a Web3-powered hotel booking platform, integrating cryptocurrency payments, wallet-based authentication, and tokenized rewards to offer competitive rates and enhanced travel experiences.
With access to over 1.5 million hotels worldwide, Sleap.io enables seamless bookings. The platform leverages the Camino Network and broader Web3 infrastructure.
As a multiple award-winning company, Sleap.io was featured on the TV show “Killer Whales,” aired on Amazon Prime and Apple TV. Backed by prominent investors and strong industry partnerships, Sleap.io now enters a new chapter following its acquisition, further strengthening its position within the evolving travel ecosystem.
