GoCoin Raises $1.5m in a Strategic Investment by Bitcoin Shop


GoCoin Raises $1.5m in a Strategic Investment by Bitcoin Shop

ForexMinute.com – Internationally renowned cryptocurrency payment platform GoCoin has confirmed the reports of receiving a huge sum of $1.5 million in a strategic investment made by yet another renowned virtual currency marketplace Bitcoin Shop, Inc. The equity financing is reported to be led by Bitcoin Shop CEO Charles Allen, COO Michal Handerhan, and former Facebook COO Owen Van Natta.

Charles Allen thinks that their investment in GoCoin “compliments their business model” perfectly, and by merging their respective services, both the organizations can gather a larger number of customers. “Together, we are enabling customers the ability to use the growing number of virtual currencies when shopping on our site by leveraging GoCoin’s enhanced payment platform,” said he. “Once fully integrated, we will offer a best of breed, one-stop-shop user experience. We are excited to be leading this round of investment in GoCoin and their team.”


The notifications released by both GoCoin and Bitcoin Shop also informed their end-customer base about them offering the option to pay via Bitcoin and Litecoin. Bitcoin Shop is already famous for offering the largest selection of products for Litecoin users.
Owen Van Natta also acknowledged the increasing demand of altcoins and hoped to derive the best out of the GoCoin’s high-class payment solution services, available in several cryptocurrencies, with the recent addition being the very popular Dogecoin.

GoCoin founder and CEO Steve Beauregard too ensured both customers and investors about their impeccable service level. “We’ve had an international multi-currency focus since day one,” he said, “and this investment will help extend our global footprint and take our services to the next level.”

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com