Greentube embarks on ‘next stage’ of blockchain strategy via Cashbet Coin

Blockchain-driven online gaming platform CashBet has agreed a new partnership with Greentube which is to begin offering the CashBet Coin cryptocurrency as a payment method across its B2C social casinos.

The deal comes after a successful integration with Greentube’s flagship social platform, GameTwist, lauded as “one of the world’s largest online gaming communities”. The agreement allows customers to purchase credits using CBC across its collection of over 400 casino games.

Ed Brennan, president at CashBet Coin, said: “We are rapidly establishing CBC as the go-to cryptocurrency for igaming markets all over the world. Our partnership with Greentube and its social casinos underlines the demand for alternative payment methods, such as CBC, and proves the advantages our technology can bring to social casino gaming.”

The Novomatic interactive division has begun integrating CBC and its underlying blockchain technology throughout the company portfolio, offering an alternative way for users to play its online slots, casino, card games and bingo content. 

Stresses that the cryptocurrency enjoys “a strong foothold in Europe,” CBC is to be accepted in all markets where GameTwist operates.

Ronald van den Brink, Greentube CCO, commented: “This partnership with CBC marks the next stage in Greentube’s strategy to leverage blockchain solutions to improve the customer experience. 

“The technical excellence, demonstrable utility, and versatility of CBC perfectly aligns with our vision for cryptocurrency in social gaming. 

“The first step has been to offer our players a new cryptocurrency payment option, and we have big plans to develop CBC further across our social casino brands.”

Last month Greentube became the first Austrian supplier to receive the Global Gambling Guidance Group certification, which it hailed as “the world’s strictest international player protection standard”.

Covering all business verticals of the organisation, it’s stated that the award “underscores Greentube’s commitment to responsible gambling and the effectiveness of its player protection measures”.