BitFury Capital has announced an undisclosed strategic investment in digital currency merchant processor GoCoin.
Beauregard told CoinDesk:
BitFury Capital managing partner Marat Kichikov stated that the investment also demonstrates that BitFury is committed to building the bitcoin ecosystem – an important part of which, it believes, is payment processing.
Boosting bitcoin's infrastructure
Representatives from BitFury indicated at the time that both these initial investments were made in bitcoin.
“As the leading bitcoin infrastructure provider and bitcoin transaction processing company, BitFury uses every opportunity to further enable global bitcoin adoption by making as many financial transactions in bitcoin as possible," the company said.
At press time, it is not clear if this latest investment was also carried out with bitcoin.
GoCoin gains momentum
The investment is the latest validation of GoCoin as a market leader in the industry's increasingly competitive merchant processing space.
However, Beauregard was quick to stress how his system is built from the ground up to enable the addition of more digital currencies as the market requires.
"We also continue to look beyond just bitcoin to altcoins," he said. "I think that [BitFury and GoCoin] share a vision, that we're all sort of watching out for the next major developments in the digital currency space."
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