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Majority of CashBet Coin Acquired by Greentube

By Rebecca Latios - Contributor
2 years ago

Greentube – the Novomatic’s Interactive division – has completed the acquisition of the majority of CashBet Coin’s (CBC) cryptocurrency. In addition to CBC crypto, Greentube has obtained its underlying blockchain technologies too.

The software provider will now offer crypto gaming across its social gaming portfolio. This major innovation is a result of the last year’s test-run with CBC which was integrated with their social platform, GameTwist. It is one of the largest online gaming communities with 400+ games, and will now offer cryptocurrencies as a payment method.

The Chief Games Officer, Michael Bauer explained how they plan to utilize the blockchain technology throughout their B2C portfolio with the hope that it will deliver an enhanced user experience. According to him, there have been more players inquiring about alternative payment methods, most notably cryptocurrencies, so adding CashBet Coin to GameTwist proved to be a progressive move.

Ed Brennan – President at CBC – said that the deal represents the finalization of their partnership with Greentube. Their focus has evolved to establishing a greater utility for the token, therefore being owned by industry leaders, such as Greentube, will help them to reach their goals. They look forward to more integration across all Greentube’s platforms, starting with GameTwist.