CashBet Raises US$38 Million For Crypto-Ready Mobile iGaming Platform

Leading mobile-first iGaming platform provider CashBet has announced the successful completion of its token sale, raising US$38 million to develop the world’s first complete crypto-ready mobile iGaming platform – becoming the largest iGaming ICO project in the process.

According to CashBet, 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, it said.

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.”

In business since 2012, CashBet supports more than 450 games on its platform.

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