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BITPAY TICKER CODE
BitPay has raised over $75 million in funding from investors including Global Secure Invest, James Sowers, 10X Capital, Launch Code Capital, and RRE Ventures. In January 2022, the company appointed Jim Lester COO. In 2020, Frost & Sullivan, a market research and consulting firm, named BitPay Company of the Year. "In the next couple of years we are likely to see very substantial growth.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.īitPay allows users to "store, swap and spend cryptocurrency all in one app." It is one of the largest cryptocurrency payment processors in the world. "A lot of it has to do with what we think about timing," he says. The move will enable merchants and customers to pursue speedy and low-cost Bitcoin (BTC-USD) transactions, the company highlighted. According to an article in Time Magazine, Pair says that there have been internal discussions of a future IPO. Bitcoin (BTC-USD) payment service provider BitPay has enabled merchants on its platform to receive payments from 100+ digital wallets on the Lightning Network, CoinDesk reported Wednesday. BitPay was founded in 2011 by Anthony Gallippi and Stephen Pair.