BitPay platform provides powerful tools for secure blockchain payment acceptance, storage, and spending. The BitPay secure bitcoin wallet is giving consumers a toolkit for getting started right with bitcoin payments, and the BitPay Card gives bitcoin users a fast way to convert bitcoin into dollars and spend their funds anywhere Visa is accepted.
Delta-v Capital, a venture capital and private equity firm in investing in special situations, growth equity, recapitalizations, and secondary direct investments, has announced its recent investment in BitPay platform.
Delta-v Capital Welcomes BitPay to its Portfolio
I think that we will look back at the advent of distributed blockchain technology as one of the most revolutionary advances since the internet, and the first area in which that disruption is already taking hold is around financial stores of value and payments. We are excited to be partnering with the BitPay team who were on the front edge of that movement in 2011 and continue to lead the charge towards increasing adoption and ease of use of Bitcoin and other crypto currencies.
Principal, Delta-v Capital
Stephen Pair, BitPay CEO, stated that led by Aquiline Capital Partners with participation from Delta-v Capital, the $40M Series B round will fund engineering hires, regulatory licensing, technology acquisitions, and expansion into markets in Asia.