Bitcoin Shop, Inc. Announces $1.5 Million Investment in GoCoin
This is sure turning out to be a good week in bitcoin investments! Just announced this morning is the news that Bitcoin Shop, Inc. has strategically invested $1.5 million (Series A) in GoCoin, a leading payment processor in the digital currency sector. Bitcoin Shop operates as a virtual currency marketplace, and the investment comes from the company's CEO Charles Allen, COO (and Chairman) Michal Handerhan, former Facebook COO Owen Van Natta, Crypto Currency Partners, and others. "Bitcoin Shop is an ecommerce platform that delivers a seamless digital currency shopping experience for its....
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GoCoin has announced it has raised $1.5m in funding in order to expand its operations as an international payments platform for cryptocurrencies. The round was led by the Bitcoin Shop, which is a publicly traded company on the over-the-counter market. "Our investment in GoCoin reflects our confidence in their product and their team," Charles Allen, CEO of Bitcoin Shop, said in a statement. Former Facebook COO Owen Van Natta and investment firm Crypto Currency Partners also participated in the round. "User demand continues to grow for alternative payments," said Van Natta, adding: "I'm....
Digital currency payments processor GoCoin has received a new strategic investment from US-based mining company GAW Miners. The move represents the latest investment for the Singapore-based service, which offers merchants payments options in bitcoin, as well as a number of digital currencies. GoCoin declined to disclose the amount, but called the investment "meaningful". GoCoin has received investments from a number of companies in the bitcoin space, including bitcoin mining giant BitFury and e-commerce platform Bitcoin Shop. According to GoCoin, the funds will be used to continue....
We're learning this afternoon that Bitcoin Shop, Inc CEO Charles Allen has been appointed to the Advisory Board of digital currency payments processor GoCoin, LLC. The appointment comes about two months following a $1.5 million Series A funding round led by Mr. Charles Allen himself along with Bitcoin Shop Chief Operating Officer Michal Handerhan. "Charles brings extensive business and financial leadership to the GoCoin Advisory Board," said Steve Beauregard, founder and CEO of GoCoin. "We welcome his guidance and look forward to a long, successful working relationship together." GoCoin....
BitFury Capital, the investment arm of BitFury Group, announced today a strategic investment in digital currency payments processor GoCoin. GoCoin allows merchants to accept bitcoin and other digital currencies, and have that converted to local currency immediately. And as one of the leaders in the crypto-processing realm, GoCoin seems like it's a sure thing. As such, an investment here is no surprise. This is the third investment for BitFury Capital. The seed fund was established earlier this year with the intent to "support multiple players" in the fast-growing cryptocurrency industry.....
Digital currency-only online retail outlet Bitcoin Shop has announced a $150,000 investment in cryptocurrency-buying service expresscoin. The announcement marks expresscoin's first investment since its formal launch in June. Previously operating under the brand Cash Into Coins, expresscoin is aiming to market bitcoin to underbanked consumers by accepting payment methods including money orders, personal checks and wire transfers. With the announcement, expresscoin will integrate its services with Bitcoin Shop to provide more ways for the website's e-commerce consumers to obtain digital....