In the wakeof BitPay’s success in raisinga record $30 million in a financing round led by venture capital group, RichardBranson, who took part as an investor with an undisclosed amount, released astatement on his stake in BitPay:
“Banking as we know it is in themidst of enormous change and innovation. We have jumped in by investing inalternative payment models and also by accepting Bitcoin for tickets on VirginGalactic, the world’sfirst commercial spaceline.
“Bitpayhas proven itself to process Bitcoin safely and reliably, growing the marketand increasing adoption, which continues to build trust, legitimacy andmomentum in this exciting currency revolution.”
It’shard to overlook BitPay’s impressive surge since it waslaunched surpassingthe $100,000,000 amount in Bitcoin transactions processed and over 30,000merchants worldwide. It has also jumped ahead of the money wiring servicegiant, Western Union, back in November by the transaction volume processed.