Fortune 500 Company, Avnet, Accepts Bitcoin to Service Blockchain Industry

The Challenge:

Avnet wanted to support a blockchain company in the creation of hardware wallets for cryptocurrency cold storage, but the blockchain company wanted to pay with cryptocurrency. Avnet’s finance team was concerned with receiving and holding Bitcoin due to its price volatility...

Learn how Avnet was able to partner with BitPay to accept multiple payments totalling in the millions from customers that wanted to pay them in crypotocurrency; all the while not having to hold cryptocurrency on their balance sheet, and getting settled in their currency (USD) the next business day. Read the full case study.