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TORONTO, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Blockchain Foundry Inc. (“BCF” or the “Company”)
(CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is pleased to announce a strategic partnership with Bitbuy, a leading online trading platform that
enables users to buy and sell digital currencies.
The two firms intend to cooperate on several initiatives covering various aspects of the digital asset industry.
The near-term products that BCF and Bitbuy intend to cooperate on are:
- The build-out of a fiat currency to Syscoin onramp for BCF’s suite of products, including its upcoming Pangolin payment and
smart contract plugin;
- The addition of Syscoin to Bitbuy’s digital asset trading platform; and
- Participation in BCF’s affiliate sales program for ARCHOS’ cold-storage devices and cooperation with BCF to provide device
users with access to Bitbuy’s fiat and digital asset trading services.
“We are looking forward to the partnership with Blockchain Foundry to help spread the adoption of the Syscoin protocol and
ARCHOS’ hardware devices,” said Adam Goldman, co-founder of Bitbuy. “We believe that through their proven experience and strong
presence, this partnership will provide value to existing and future Bitbuy users.”
“Bitbuy’s fiat on ramp and digital asset trading platforms are valuable components of the blockchain ecosystem,” said Dan
Wasyluk, CEO of Blockchain Foundry Inc. “We are excited to be partnering with them to bring both the ARCHOS Safe-T Touch device and
Bitbuy’s robust platform services to a larger user base.”
About Blockchain Foundry Inc.
Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting
services to corporate clients seeking to incorporate blockchain technology into their businesses.
About Bitbuy
Originally founded in 2013, Bitbuy identified a need for a platform allowing Canadians easy access to Bitcoin.
Fast forward to 2018, Bitbuy’s founding mission remains the same: to provide convenient, dependable and secure access to Bitcoin
and other digital currencies. Bitbuy is a division of First Ledger Corp., a Toronto based fintech and blockchain company.
Bitbuy Media Contact Information
Jordan Anderson
Sales & Marketing
jordan@bitbuy.ca
Blockchain Foundry Media Contact Information
Christopher Marsh
Chief Financial Officer
cmarsh@blockchainfoundry.co
Forward-Looking Information
Certain portions of this press release contain “forward-looking information” within the meaning of applicable
Canadian securities legislation, which is also referred to as “forward-looking statements”, which may not be based on historical
fact. Wherever possible, words such as “will”, “plans,” “expects,” “targets,” “continues”, “estimates,” “scheduled,” “anticipates,”
“believes,” “intends,” “may,” “could,” “would” or might, and the negative of such expressions or statements that certain actions,
events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved, have been used to identify
forward-looking information.
Forward-looking statements should not be read as guarantees of future events, future performance or results, and
will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if
achieved at all. Readers should not place undue reliance on such forward-looking statements, as they reflect management’s current
views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by BCF are inherently subject to significant business, economic, regulatory,
competitive, political and social uncertainties, and contingencies. Many factors could cause BCF’s actual results, performance or
achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by
such forward-looking statements.
