Payment processor BTCPay receives $150,000 grant from Kraken

Saniya More
·1 min read

Open-source bitcoin payments processor BTCPay has received a $150,000 grant from crypto exchange Kraken, the company announced on Thursday.

The grant, received and held in bitcoin, is the largest donation BTCPay has received to date. According to the announcement, Kraken has also launched a BTCPay Server integration on Cryptowatch, their trading terminal that provides cryptocurrency market data and analysis.

BTCPay will use the grant to improve its interface and offer more flexibility to developers by providing them with a "Swiss-knife type of stack that can help anybody in building a Bitcoin business with ease and versatility," the announcement said.

The payment processor will also use the grant to increase its number of plugins and other integration tools. BTCPay said it plans to release a beta version of its exchange integration plugin BTC Transmuter later this year.


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