Tom Arran Tom Arran, Tuesday 23rd April 2019, 2:13 PM GMT+0000
calvin ayre Crypto Exchange

Calvin Ayre Investing in Crypto Exchange

Ayre Group An announcement coming from Drive Markets, a cryptocurrency exchange operator based out of Malta, revealed that Calvin Ayre had made a formidable investment into their crypto exchange. This isn’t shocking as MrAyre obtained his fortune through online gambling and was a dominating force behind Bitcoin.

Calvin became a worldwide figure when the United States Federal Government, with foiled attempt, tried to arrest him for the fortune he achieved. However, he was eventually allowed to reside back in the United States after he paid out a total of $600,000 in fines by US Prosecutors.

Ayre has always been a supporter of cryptocurrencies since day one. He currently operators two crypto investment firms, the first being the Ayre Group and the second being CoinGeek. He was also a considerable financial backer of Bitcoin SV.

Ayre Invests Millions

Calvin Ayre didn’t disclose the amount of money he has spent on Drive Markets. Instead, the businessman who currently lives in Antigua did reveal that he has pumped millions of dollars of his own money into the exchange. This announcement came on Monday, April 22, 2019.

Following the investment made by Ayre, Drive Markets will now be using the cryptocurrency Bitcoin SV. Clearing and settling payments will be supported through Drive Pay.
Calvin stated during this announcement, “I like entrepreneurs who can cut through the noise and focus on technology that works. That’s why I like DRIVE.”

The CEO of Drive, Kate Hiscox also commented, saying: “At DRIVE, our roadmap leverages the infrastructure and capabilities of our institutional exchange and we were looking for the right solution partner that could scale DRIVE Pay to become a global leader in the multi-trillion dollar payment and settlement space. Bitcoin SV, as a commodity data ledger, makes it the ideal blockchain to anchor DRIVE Pay and the BSV team possess a level of expertise and commitment to enterprise development that impressed us.”

Tom Arran

Author: Tom Arran

Tom has over 10 years experience on crypto currencies, first mining bitcoin on an old university computer for 20 cents a coin to now day trading bitcoin in between helping to start whichbroker.com. Tom has previously held roles at a leading EU brokerage and provided insight and consultancy work for number of UK banks in Crypto. Tom Arran can be contacted at [email protected], View all posts by Tom Arran

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