Corestar Partners advises Bitnet on its entry into the European market and its capital increase

Corestar Partners is pleased to announce that it acted as exclusive financial and strategic advisor to Bitnet Ltd. (“Bitnet”) on the company’s market entry into Europe and its equity capital increase.
Founded in January 2014, Bitnet has offices in Europe and the San Francisco Bay Area. It provides a digital commerce platform enabling enterprise-scale merchants to accept bitcoin and other virtual currency based payments. Bitnet’s engineering, product, and business development team helped build and manage the world’s largest payment gateway, CyberSource, which was sold to the world’s largest payment network, Visa, for $2 billion in 2010.
This transaction demonstrates Corestar Partners’ deep expertise in advising companies in the payment services and alternative payment sectors, combining Corestar’s unmatched industry network with its unique industry knowledge.