Adthink partners with Coinbase to accept Bitcoin payments
Adthink (ENXTPA:ALADM), French digital marketing specialist, is teaming up with Coinbase, the largest cryptocurrency exchange in the US, to accept payments in Bitcoin, Ethereum and four other cryptocurrencies.
Adthink implemented Coinbase Commerce which enables merchants around the world to accept crypto currency payments in a fully decentralized manner. As part of its B2C activities, Adthink is expanding its electronic payment capabilities, in addition to the networks Cartes Bancaires in France and Visa, Mastercard and American Express internationally, as well as mobile payments with direct carrier billing.
When implemented with decentralized control, cryptoassets operate with distributed database technology, typically a blockchain, allowing the storage and transmission of information without a control body. In the case of a cryptocurrency, it is a public database of financial transactions. Adthink notably accepts Bitcoin, the first decentralized cryptocurrency technology, launched in 2009.
Coinbase, founded in 2012, is the largest cryptocurrency exchange in the United States and serves approximately 43 million users, storing $90 billion in assets. Coinbase Commerce for merchants launched in 2018 and announced a year ago that it has facilitated more than $200 million in transactions. Coinbase announced its intention to go public on Nasdaq (NASDAQ:COIN) on February 25. Already traded in the private market, Nasdaq announced a valuation of Coinbase of $77 billion on February 17; revised by Bloomberg on March 8 to $90 billion.
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