Herbert Rafael Sim, widely known as The Bitcoin Man, bought a crypto-based business publication company, FortuneZ for $2,500,000.
The Bitcoin Man expressed his feeling regarding the acquisition, “I am excited to join the crypto gaming scene through FortuneZ. Crypto is fast making way into the gaming scene and defines the future of the gaming world. For years, FortuneZ has been doing a commendable job not only in the gaming sphere but in the crypto media world in general. I respect their dedication to fair, transparent, impartial and highly professional journalism and I am hopeful to scale up FortuneZ to newer heights in the coming years.”
The company announced on Friday that they have hired former FX and binary executive, Sydney Ifergan and appointed him as the chief operating officer and has also signed a deal with Future1Exchange for utilizing their payment gateway facilities.
Ifergan said on his new position, “It’s a great moment for me to join FortuneZ in the designation of Chief Operating Officer. Mr. Sim is an extremely dynamic man and one of the most esteemed figures in the crypto world today. His acquisition of FortuneZ marks a landmark move in the crypto scene and I am confident FortuneZ will only get bigger under his able leadership. As the COO of FortuneZ, I promise to propel the global business publication towards a powerful growth in near future.”
The acquisition deal was locked at the SiGMA Expo, an iGaming event that is attended by startup ventures, businesses, and aspiring venture capitalists in the gaming industry.
Kishore M, founder and CEO of Future1Exchange, said that “Future1Exchange is thrilled to enter the crypto gaming space in partnership with FortuneZ. We can see a very big opportunity to penetrate the industry and we are thankful to Mr. Sim for giving us the gateway.”
Herbert Rafael Sim is counted among the renowned figures in the crypto world; in addition to that, he is also a philanthropist, entrepreneur, investor, digital illustrator and writer. Sim’s venture portfolio includes TEVEL, TaoDust, Karushchain, and many more blockchain up-starts.