BitFury Capital investment in the GoCoin payment platform

Bitcoin, News

BitFury just found another way to bring attention on them. They have made a strategical move by investing into the top payment platform GoCoin which support cryptocurrencies. By doing so they aim to make GoCoin their main digital processing platform.

It seems like BitFury is really looking to push and support the cryptocurrency world. Founded in July 2011 this is their third investment already and it will most likely not be their last in the growing global Bitcoin industry.

Regarding their involvement and fast growing pace, Marat Kichikov, managing partner of BitFury Capital said:

We are committed to supporting further acceptance and to enabling further adoption of cryptocurrencies. The partnership with GoCoin will allow processing payments in digital currency with our vendors and clients all over the world.”


GocoinSteve Beauregard, co-founder and CEO of GoCoin seems very satisfied with his latest partnership and is looking forward to the growth of GoCoin wanting to establish more partnership with major Bitcoin related companies in the future. Mr. Steve Beauregard qualify BitFury as being one of the most successful Bitcoin companies as quoted below:

BitFury is one of the most successful companies in the Bitcoin space. Stimulation of the Bitcoin economy through payment processing is important to BitFury as the leading Bitcoin infrastructure provider and Bitcoin transaction processing company. As we facilitate understanding and acceptance of Bitcoin, we’ll begin to see an increase in its adoption. As Bitcoin adoption increases, the ability to process payments for clients and vendors across the world becomes that much more important. Our partnership with GoCoin enables us to better serve our customers and better facilitate the success of digital currencies globally.


About BitFury Group:

BitFury Group is the leading Bitcoin infrastructure provider and Bitcoin transaction processing company. Founded in 2011, BitFury currently has more than 70 team members globally at management offices in San Francisco, Amsterdam and Riga, as well as data-centers in Finland, Iceland and the Republic of Georgia. BitFury derives sustainable advantage through its custom-made application-specific integrated circuits (ASICs) optimized to achieve the lowest power consumption coupled with the highest processing metrics – the parameters that drive mining margins. BitFury has an impressive track record, having successfully delivered three prior generations of silicon and has a roadmap to at least double performance-per-watt every 6-12 months. BitFury’s management team and board include seasoned industry veterans with a history of execution in silicon engineering, operational build-up and capitalizing businesses.

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About GoCoin:

GoCoin is the first international payment platform for Bitcoin and emerging digital currencies, making it easier than ever for online and retail merchants to accept Bitcoin, Litecoin, and Dogecoin at checkout. GoCoin insulates merchant operators from the complexities and volatility of alt-currencies by settling transactions in the currency of their choice. Founded in July 2013, GoCoin is an international group of companies with offices in Singapore, London, Douglas, Boston and Santa Monica. For more information, please visit

Source: Business Wire

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