Asia's Richest Businessman Invests in BitPay

Asia's Richest Businessman Invests in BitPay

Asia's richest businessman - Li Ka-shing (cash register sound pun not intended) - has reportedly invested in BitPay, according to the South China Morning Post. The investment was made through Ka-shing's venture capital company, Horizon Ventures. A spokesperson for the venture capital firm declined to make comment on the investment, though the folks at BitPay are not surprisingly "fortunate to have the benefit of many supportive investors, including Horizons Ventures." The amount of the investment is not known publicly, but what is known is that BitPay is growing rapidly enough to need it.....


Related News

Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer

According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Norwegian Hedge Fund Giant Dips Into the Crypto Economy Norwegian news reports detail that the billionaire hedge fund manager Ole Andreas Halvorsen is dipping his toes into the....

Tony Gallippi Talks Newest BitPay Innovation: Copay

BitPay's co-founder Tony Gallippi is no stranger to innovation. He helped create BitPay in 2011, making it the first bitcoin-payment processor. It led the path to connecting consumers and merchants, and still does today. At theNorth American Bitcoin Conference in Chicago, Gallippi was excited to expand upon BitPay's newest project and innovation to the Bitcoin community called Copay. CCN. Copay is an open-source multi-signature wallet with some highly interesting features created on BitPay's Bitcore, an open source bitcoin stack. For starters, BitPay is using Copay as one of its platforms....

Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin...

Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to follow his in footsteps to study and understand bitcoin. He also recommends one book, “The Bitcoin Standard,” as one ideal learning tool for learners. A Case For Bitcoin in a Portfolio With an estimated net worth of $11.9 billion, Pliego joins the growing list of millionaires, billionaires, and....

BitPay and GASH Bring Bitcoin to 10 Million Gamers in Asia

Taiwan's leading gaming payment platform GASH Point has partnered with global bitcoin payment processor BitPay to enable over 10 million gamers in Asia to top up and reload their in-game cash with Bitcoin. GASH Point, one of Asia's largest gaming platforms launched by Taiwanese media giant Gamania, has been serving international customers with its reloadable wallet and prepaid card for online gaming purchases. Over the past few years, GASH Point has established itself as the go-to platform for in-game and gaming gift cards purchases, processing more than 3 million transactions per day.....

Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept ...

Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S. dollar being a hard currency is a joke. Mexico’s Third-Richest Man Sees Bitcoin as Asset With ‘Extraordinary Properties’ Ricardo Salinas Pliego talked about bitcoin and fiat money in an interview with José Rodríguez, published last week. He explained that he....