Venture Capital Firm Invests in BitPay

Delta-v Capital, a venture capital and private equity firm has announced its recent investment in BitPay platform
12 April 2018   626

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 PortfolioDelta-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.

Dan Williams

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.

Avnet to Accept Bitcoin

Avnet is US company from Fortune 500 list; it used BitPay to create this opportunity
20 March 2019   237

The technology provider Avnet, on the Fortune 500 list, announced support for Bitcoin and other cryptocurrencies as payment options. The company from Phoenix, Arizona realized this opportunity with the support of BitPay processing service.

We’re working with BitPay to facilitate secure blockchain payments for all types of customers so they can focus on developing their products, not how to pay for them. Whether it’s Bitcoin or Bitcoin Cash, we can handle it.

Sunny Trinh

Vice president of demand creation, Avnet

The company’s statement also says that it cooperates with the portal regarding “creating a new hardware wallet suitable for storing cryptocurrencies and providing the highest level of transaction security.”

In January of this year, the non-profit organization Wikimedia Foundation, managing the free encyclopedia Wikipedia, entered into a partnership with BitPay to receive donations in Bitcoin and Bitcoin Cash.