We’re learning this afternoon that Bitcoin Shop, Inc CEO Charles Allen has been appointed to the Advisory Board of digital currency payments processor GoCoin, LLC.
The appointment comes about two months following a $1.5 million Series A funding round led by Mr. Charles Allen himself along with Bitcoin Shop Chief Operating Officer Michal Handerhan.
“Charles brings extensive business and financial leadership to the GoCoin Advisory Board,” said Steve Beauregard, founder and CEO of GoCoin. “We welcome his guidance and look forward to a long, successful working relationship together.”
GoCoin allows businesses to accept not only bitcoin, but litecoin and even dogecoin. These businesses can then instantly convert these digital currencies on behalf of the merchant, reducing risk of loss from volatility.
Allen will join Facebook and Amazon.com veteren Owen Van Natta on the board along with Mikael Pawlo, Mike Huskins, David Gzesh, and David Wang.
“I am thrilled to be joining their Advisory Board,” says Allen. “The appointment was a natural next step in the progression of our relationship as Steve and I, along with the rest of his team, share many of the same visions for the future of virtual currency. I strongly believe that there are synergies between Bitcoin Shop and GoCoin and collaborative opportunities we will take advantage of in the future.”
Allen’s Bitcoin Shop allows bitcoin enthusiasts to purchase from a selection of over 140,000 items in 400 categories, from electronics to sporting goods and everything in between.
He’ll be a panelist at the third-annual Credit Suisse Future of Payments & Commerce Conference on the 10th of June in San Francisco.