In brief
We do the research, you get the alpha!
🚀 We are extremely happy to announce that @StellarOrg has made a strategic investment in SatoshiPay! https://t.co/q4rAr3Fzh2
— SatoshiPay (@SatoshiPay) May 28, 2020
$71,017.00
6.89%$3,687.29
19.84%$7.53
8.95%$599.31
4.60%$185.52
8.88%$3,681.90
19.68%$0.999963
-0.00%$0.536802
5.26%$0.162913
8.91%$6.56
4.73%$0.500581
7.67%$39.92
12.33%$0.00002537
7.15%$71,067.00
7.07%$0.123922
2.31%$521.62
8.13%$17.05
1.98%$8.15
3.18%$9.25
17.45%$0.745179
9.28%$88.04
6.14%$13.47
6.96%$2.40
9.33%$5.98
1.58%$31.94
14.92%$0.000011
20.47%$3,823.55
19.73%$10.80
8.74%$0.116292
5.21%$8.99
11.07%$2.55
14.28%$3,611.31
19.01%$0.999185
-0.25%$8.91
8.79%$6.20
11.62%$0.126835
4.10%$1.013
8.47%$0.3434
13.16%$0.112589
6.77%$2.92
19.53%$2.12
9.24%$1.16
20.59%$50.98
4.33%$46.50
-3.89%$0.128002
5.02%$3,183.17
14.99%$2.79
9.74%$1.15
12.61%$394.45
8.68%$28.44
17.88%$0.03677116
8.06%$0.906344
6.03%$1.002
-0.00%$2.47
14.43%$135.10
0.52%$7.10
7.87%$0.0000313
26.28%$4,074.91
20.07%$0.00021103
9.93%$2.08
21.26%$9.68
12.05%$3,772.88
19.25%$0.04274693
0.09%$0.582369
12.33%$1.24
6.78%$1.85
5.54%$1.13
4.65%$0.188124
7.34%$101.79
7.66%$0.02957766
18.42%$98.14
14.92%$10.06
2.33%$0.956061
9.82%$70.25
8.77%$5.95
10.15%$0.937375
4.34%$1.011
9.97%$0.8552
21.66%$0.00000125
5.74%$2.13
11.17%$14.55
13.12%$16.35
11.19%$0.0283146
5.33%$7.87
11.74%$220.62
9.54%$19.70
3.67%$41.17
8.86%$0.124917
8.64%$5.04
7.05%$0.02102409
-0.79%$8.16
3.72%$0.467329
9.81%$0.00005292
8.16%$0.565212
8.77%$0.02053793
5.40%$10.22
5.94%$0.848217
8.02%$0.995129
9.26%$0.239583
10.99%$2.95
15.82%$2.98
11.22%$2.26
3.88%$3,697.44
19.01%$0.850945
5.48%$3,655.96
20.23%$5.98
22.57%$0.825692
8.28%$43.46
10.18%$351.91
18.78%$1.23
18.12%$0.467996
11.61%$219.95
9.48%$0.01240298
13.48%$0.859493
11.63%$1.31
9.99%$1.44
10.57%$4.80
7.09%$19.63
12.91%$0.232207
13.60%$0.691394
4.97%$0.01690245
11.00%$0.493002
32.75%$3,661.71
19.86%$1.003
0.74%$0.111939
10.59%$2.77
7.66%$12.27
-2.03%$1.045
7.76%$39.14
9.14%$3,866.74
19.30%$0.187936
7.20%$3,925.57
19.61%$20.94
10.71%$1.011
9.75%$0.998615
-0.06%$0.096021
10.06%$0.397206
13.16%$0.00011053
6.69%$0.0000003
8.27%$1.99
-1.20%$0.332741
12.22%$0.747153
6.41%$93.17
15.11%$2,427.85
-0.19%$0.904062
9.38%$2.13
10.95%$3,985.00
19.58%$0.472971
12.44%$0.00558731
7.18%$4.96
8.95%$18.43
28.49%$0.561317
4.48%$2.55
10.59%$0.03687258
1.38%$1.51
4.27%$0.094941
8.71%$4.34
0.54%$1.15
15.14%$1.96
9.05%$1.13
10.48%$1.001
0.03%$0.053309
11.16%$0.02698189
12.39%$0.334352
8.94%$2.83
11.76%$0.903326
12.10%$0.417383
10.12%$0.04621493
4.75%$0.565173
4.14%$0.00000048
2.01%$0.450021
6.55%$0.04714837
9.88%$1.13
5.44%$0.00926878
12.81%$4.75
5.33%$3,778.29
19.66%$0.229201
10.44%$4.00
23.85%$0.02457376
8.94%$0.273466
-1.05%$0.334617
13.84%$1.70
9.87%$5.37
6.75%$2,421.05
-0.12%$0.052374
24.81%$0.03198818
11.48%$74.15
19.53%$3.75
10.39%$4.37
4.20%$75.54
27.63%$0.082087
15.00%$0.00740255
4.20%$0.00236751
10.21%$0.539783
3.28%$0.605484
7.26%$20.34
11.59%$0.422685
14.53%$1.64
16.88%$59.65
8.56%$3.86
8.31%$0.00117639
6.42%$3.71
13.76%$1.00
0.01%$0.00711324
4.77%$1,427.01
7.22%$0.539802
4.36%$8.26
9.97%$0.256047
9.09%$0.817555
4.39%$24.98
7.64%$0.03890971
7.43%$9.35
20.22%$0.911973
6.20%$4.62
11.43%$0.740003
5.41%$30.91
7.49%$9.88
19.19%$0.03942218
6.72%$0.02936125
6.26%$0.278605
11.96%$5.32
6.86%$3.58
10.33%$0.524799
21.43%$21.15
9.78%$0.911814
9.11%$0.784897
5.83%$47.14
10.50%$32.41
9.27%$34.52
19.19%$0.03292631
3.89%$0.363724
15.12%$3,860.70
20.85%$0.909342
3.20%$0.00404912
7.28%$79.50
17.41%$120.48
4.37%$0.00000079
47.83%$45.72
12.71%$2.65
6.37%$0.96123
7.30%$0.00093306
31.11%$0.366064
12.19%$0.328358
8.52%$0.434175
34.49%$3.61
4.57%$32.37
12.67%$2.02
0.06%$0.376356
12.07%Blockchain micropayments service SatoshiPay has secured a strategic investment of $550,000 from The Stellar Development Foundation (SDF)—the non-profit behind the cryptocurrency Stellar.
According to a press release today, this is the third investment made by the SDF in SatoshiPay, and it’s supposed to primarily help the micropayments provider to develop and market its new B2B commercial solution for cross-border payments.
🚀 We are extremely happy to announce that @StellarOrg has made a strategic investment in SatoshiPay! https://t.co/q4rAr3Fzh2
— SatoshiPay (@SatoshiPay) May 28, 2020
The product is currently being tested, with a closed alpha version scheduled to launch by mid-July and public beta slated for Q4 2020.
Prior to this, the Stellar Foundation and SatoshiPay have had a long history of collaboration, which is unsurprising given that the micropayments provider was one of the first enterprises to use Stellar commercially.
“SDF is a key partner of SatoshiPay providing maintenance and partner support for the Stellar decentralised ledger network. This investment will enhance the already strong relationship that exists between the two organisations and provides a strong endorsement for SatoshiPay,” the release stated.
The investment is provided in the form of convertible loan notes which will be converted during SatoshiPay’s next funding round.
"Our growth over the years wouldn't have been possible without SDF, who has been an essential partner to us in the development of our technology which continues today with this investment," said Meinhard Benn, CEO of SatoshiPay.
As Decrypt reported previously, the Stellar Foundation funded a $1 million SatoshiPay grant program in February 2019. At the time, this became a part of SatoshiPay’s shift toward gaming, streaming and social media tipping.
In January 2019, SatoshiPay also teamed up with Axel Springer, Europe’s largest publishing house. The partnership sees to support online journalism by offering alternative ways to earn tips for news content.
This article has been updated to show that the investment was $550,000, not €550,000, according to a correction issued for the press release.