Bitfury makes strategic investment in GoCoin

BitFury Capital, the investment arm of leading Bitcoin infrastructure provider and Bitcoin transaction processing company BitFury Group, today announced a strategic investment in GoCoin.

This is the third investment for BitFury Capital, which was founded in July 2014 to drive the growth of the Bitcoin ecosystem, according to the announcement. Through strategic partnerships and investments, BitFury Capital said in the announcement it will support multiple players in the growing cryptocurrency industry on a non-exclusive basis.

“Payment processing is a critical element in stimulating the Bitcoin economy,” Marat Kichikov, managing partner of BitFury Capital, said in a statement. “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.”

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