Naspers believes in Bitcoin, bets R50 million on Singapore-based BitX

Naspers is leading a US$4 million (about R50 million) funding round in Bitcoin start-up BitX.

The Singapore-based BitX, which has offices in South Africa, is used by people worldwide for money transfers, online buying and trading and storing the Bitcoin cryptocurrency.

The Money Show’s Bruce Whitfield interviewed Toby Shapshak, Editor and Publisher of Stuff magazine.

Scroll down to listen to the audio.

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