Online payments gateway CoinMatrix has partnered with Curacao-based DigitalSport Entertainment N.V. to provide Bitcoin functionality to online betting platform Betkurus.

DigitalSport Entertainment has raised $670,000 VC investment from CoinMatrix to develop its product line in an effort to gain significant share of the Bitcoin gaming market.

The partnership will see Betkurus offer instant bitcoin-to-fiat deposits, allowing users to bet in various currencies without having to do any prior conversions.

In 2014, DigitalSport Entertainment launched Betkurus.com, which offers casino games, binary options trading and an online sportsbook with live video streaming for more than 10 sports, giving users an access to over 20,000 sports betting events each month.