Join Our Mailing List
Sunday September 24, 2023
Bitcoin (BTC) $26,589.12   Ethereum (ETH) $1,592.21
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

nChain takes stake in South Africa-based Bitcoin Cash wallet Centbee

Published by CryptoNinjas.net
01/29/2018
nChain takes stake in South Africa-based Bitcoin wallet Centbee

nChain Group, a blockchain research, and development firm announced today they have taken an equity stake in Centbee, a Bitcoin Cash (BCH) wallet provider launching this year that makes it easy for global consumers to acquire, hold and spend BCH with retailers and other merchants. The funding deal was made through the nChain Group’s investment entity, nChain Reaction Ltd.

Based in South Africa, Centbee was founded by co-CEOs, Lorien Gamaroff, and Angus Brown. Gamaroff is a leading expert in blockchain technologies and cryptocurrencies. He has consulted and advised regulators and corporates internationally and is highly regarded globally as an educator and presenter. Brown has 20 years’ experience in payments and banking including holding the role of CEO of eBucks, a world first bank-backed digital currency created in 2000.

“Centbee will be rolling out mechanisms for merchants to accept BCH payments more cheaply and securely than current bank payment systems without exposure to price volatility,” says Brown. “In addition, we will help consumers move money simply and cheaply across borders to support family and friends. We have been working closely with regulators in South Africa and other jurisdictions to educate and inform and to address any regulatory risk.”

Gamaroff explains, “In addition to providing financial investment, nChain’s research, intellectual property, and deep technology expertise will enable Centbee to become a functional and secure wallet provider which will open up Bitcoin Cash merchant payments to a global market.”

nChain Reaction financially backs products and applications that make Bitcoin Cash more globally usable as peer-to-peer electronic cash.

The Centbee deal represents nChain Reaction’s second Bitcoin Cash-enabling investment within the past month. As announced in mid-January 2018, nChain Reaction previously participated in a USD $1.5 million Series A funding round for Yours.org, the Bitcoin Cash-based social network.

38
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

Bitcoin SV wallet Centbee raises £1 million from Ayre Ventures

04/17/2019
Bitcoin SV wallet Centbee raises £1 million from Ayre Ventures

South African-based Bitcoin SV wallet app company, Centbee, announced today that it has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures. He has invested £1 million (R18.3...

Read more

Bitcoin Cash wallet Centbee enables real BCH transfers as it enters beta

10/02/2018
Bitcoin Cash wallet Centbee enables real BCH transfers as it enters beta

Centbee, a Bitcoin Cash (BCH) wallet that launched earlier this year announced today that the app is now in beta. For users, this means they will be able to send and receive real Bitcoin Cash...

Read more

nChain announces technical support for Bitcoin Unlimited client software

07/20/2017

Blockchain research and development firm nChain today announced it will provide technical support to build on the Bitcoin Unlimited (BU) client software, and explore further collaboration to help the Bitcoin network scale. To solve...

Read more

Jon Matonis joins blockchain R&D firm nChain as VP of Corporate Strategy

05/02/2017

Research and development of blockchain technologies pioneer nChain today announced the appointment of Bitcoin Foundation Executive Director Jon Matonis as its new Vice President of Corporate Strategy. In this position, Matonis will support nChain’s...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
Maximize Your ETH Investment: The ETHphoria Vault by Pods

Maximize Your ETH Investment: The ETHphoria Vault by Pods

06/21/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy