CashBet ICO nets $38 million

CashBet has announced the completion of its token sale, raising $38 million to develop what is pitched as 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 the end of June. The venture’s partners include Arsenal Football Club, the world’s first major team in football to officially partner with a cryptocurrency,, Greentube and Imperial Play. CashBet Coin is now listed on Bittrex as CBC.

“The success of the token sale demonstrates a clear need for compliant, user-friendly iGaming solutions,” says 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.”

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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