Mobile-first igaming platform provider CashBet has announced the completion of its token sale, raising $38m to develop what it says is the world’s first complete crypto-ready mobile igaming platform.
Participants from over 100 countries took part in the ICO, helping CashBet Coin reach its hard cap of 142,975,000 tokens. Token distribution is currently underway and will continue through to the end of June.
CashBet Coin’s partners include Arsenal Football Club, Lottery.com, Greentube, and Imperial Play. CashBet Coin is now listed on Bittrex as CBC.
“The success of the CashBet Coin token sale demonstrates a clear need for compliant, user-friendly iGaming solutions,” said Mike Reaves, CEO and co-founder of CashBet. “We look forward to continuing to build the CashBet community and deliver on our roadmap to develop the world’s first complete crypto-ready mobile igaming platform.”
Novomatic’s Greentube subsidiary will be accepting CashBet Coin as a payment method on its GameTwist social casino platform. Lottery.com will integrate CashBet Coin as a payment methods across its sites and apps, and integrate CashBet’s proprietary igaming platform to power its social impact raffles.
