CashBet Raises $38 Million for World’s First Complete Crypto-Ready Mobile iGaming Platform
Summary
As the only crypto-casino platform licensed by the world’s most reputable tier-1 gaming jurisdictions, CashBet delivers an iGaming experience that is legal, safe, and profitable. CashBet is the first and only vertically integrated iGaming solution to leverage blockchain technology for transparent operations, increased speed, and lower transaction fees. Novomatic’s Greentube subsidiary will be accepting CashBet Coin as a payment method on its GameTwist social casino platform. CashBet Coin democratizes access to world-class iGaming entertainment by enabling players in underserved markets to wager in CashBet-powered casinos. Players benefit from access to a variety of provably fair content, reduced transaction costs, and fast payouts.
Funding
Amount
$38.0M
Total raised
Date
June 19, 2018
Announcement date
Investors
Bittrex
Lead investors
Company
http://www.cashbet.com
Funded company
Classifications
industries
Entertainment
applications
Governance, risk and compliance
AskAI Classifications
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