Strategic funding brings iGaming access to Telegram with BoxBet 2.0


Strategic funding brings iGaming access to Telegram with BoxBet 2.0

The iGaming startup BoxBet has announced the upcoming launch of BoxBet 2.0, a new platform set to debut in Q3.

This release will feature a fully licensed casino offering sports betting, lotteries, and mega jackpots, developed in collaboration with industry partners.

A standout feature of BoxBet 2.0 is its integration with Telegram, providing more than 900 million users with a unique and seamless gaming experience directly through the popular messaging app. This integration aims to distinguish BoxBet in the crowded iGaming market.

Alongside the platform launch, BoxBet has secured a strategic funding round from notable investors, including a leading crypto fund known for early investments in Solana and a major iGaming operator. Details about this funding will be shared in the coming weeks.

Beyond these developments, BoxBet is dedicated to enhancing the online gaming experience with a range of unique features, including an industry-leading rewards mechanism where 50% of all revenue generated is returned to users. According to BoxBet’s website, 30% of all revenue will be allocated each month to aggressively purchase and burn BoxBet’s native BXBT token until 75% of the supply is burned. The BXBT token, which sits on the Ethereum blockchain, trades on Uniswap V2 and is currently priced at around $0.1569.

Disclaimer: This article is provided for informational purposes only. It is not intended to be used as legal, tax, investment, financial, or other advice.


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