Categories: ICOs

CashBet ICO nets $38 million

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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, Lottery.com, 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.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.