Cashbet and Funstage Strike Cryptocurrency Deal

Cashbet to partner with Funstage

One of the chief iGaming platform providers and turnkey operators, CashBet, has agreed to a cryptocurrency deal with social casino operator Funstage – a Greentube subsidiary as well as a branch of NOVOMATIC Interactive.

Ronald van der Brink, Greentube CCO, said: “The strength and technical excellence of CashBet’s cryptocurrency framework immediately stood out to us, and we are proud to offer our players an exciting new way to play their favourite games. We have been impressed by CashBet’s combination of gaming expertise and blockchain technology.”

The partnership will involve CashBet Coin, CashBet’s cryptocurrency, in a complete blockchain ecosystem for iGaming. This will make it viable as a payment method to users of Funstage’s flagship GameTwist platform, one of the biggest online gaming communities, worldwide.

Dr. Mike Reaves, CEO and co-founder of CashBet, said: “We are committed to making CashBet Coin the established cryptocurrency for iGaming in markets all over the world. Partnering with Greentube and Funstage is a great way for CashBet Coin to be used by any player as a payment currency for one of the best social casino sites in the world.”

“We are proud to partner with Greentube as they realize the advantages that CashBet Coin can bring in social casino gaming. This is a clear indication of CashBet’s leadership as we strive to make our ambition a reality.”

“The GameTwist platform’s reputation as a home for innovative and exciting social gaming content is unparalleled, and we look forward to enjoying a long and productive relationship.”

GameTwist , a platform for social casino and skill games with over one million monthly active users, will start to allow players to buy credits using CashBet Coin. This can be done for its entire range of more than 400 games, including slots, casino, card games and bingo.

The GameTwist platform that’s popular around mainland Europe, will now accept CashBet Coin wherever it operates.

The relatively recent rise of cryptocurrency has taken the iGaming industry by storm, hitting the headlines on a regular basis.