CoinsPaid

CoinsPaid is a B2B cryptocurrency payment infrastructure company founded in 2014 and headquartered in Tallinn, Estonia. Operating under the legal entity Dream Finance OÜ, CoinsPaid enables businesses worldwide to accept crypto payments, make bulk payouts, convert between crypto and fiat, and manage treasury holdings without handling blockchain complexity directly. By July 2026 the platform had processed a cumulative €29 billion in transaction volume across its merchant base of 800-plus businesses in over 150 countries.

Product Suite

CoinsPaid offers a layered set of payment tools aimed at medium-to-large enterprises. The core Payment Gateway handles hosted checkout pages, payment links, and permanent deposit addresses, with settlement options in either cryptocurrency or fiat through SEPA or SWIFT. A Business Wallet allows merchants to hold and manage multiple digital assets internally. The Exchange and OTC Desk facilitates crypto-to-crypto and crypto-to-fiat conversions at rates negotiated on volume. Mass Payouts enable batch disbursements to thousands of recipients from a single upload, a feature widely used by iGaming operators paying out player winnings.

The developer-facing documentation and REST API are published at docs.cryptoprocessing.com under the CryptoProcessing brand, which functions as the technical identity for the same underlying infrastructure. Integrations include pre-built plugins for WooCommerce, Magento, PrestaShop, OpenCart, Shopify, Drupal, and Joomla, as well as bespoke connectors for iGaming platform providers SoftSwiss and Slotegrator.

In early 2026 CoinsPaid launched a physical point-of-sale pilot in Estonia in partnership with Flowgate, allowing retail merchants to accept crypto at the checkout counter using hardware terminals, SoftPOS software, and QR codes. The first pilot merchant was Estonian jeweler Kuldan.

Network and Asset Support

CoinsPaid supports acceptance of 20-plus cryptocurrencies across 20-plus blockchain networks. Confirmed supported assets include BTC, ETH, USDT, USDC, LTC, BCH, XRP, DOGE, TRX, SOL, BNB, ADA, and layer-2 variants of ETH and USDC on Arbitrum and Base. Stablecoins account for approximately 86% of processed volume, reflecting the merchant preference for price-stable settlement.

Solana is part of the standard CoinsPaid acceptance menu. In December 2025 CoinsPaid deepened its Solana exposure by becoming one of the first 20 USDG network partners in Europe, integrating the Paxos-issued regulated dollar-backed stablecoin that runs on the Solana network. CoinsPaid cited Solana's low transaction fees as a primary driver for the USDG integration.

Market Position

CoinsPaid's strongest foothold is in online gambling. More than 500 of its merchant clients are online casinos, representing over 70% of company revenue. The SoftSwiss partnership is particularly significant: because CoinsPaid ships as a default payment option inside the SoftSwiss white-label casino platform, it reaches hundreds of gambling operators without separate sales cycles. Named clients associated with the platform in public reporting include Cloudbet, King Billy, PlayAmo, Wild Casino, and Bitcasino.

Beyond iGaming, CoinsPaid serves high-risk e-commerce, marketplace platforms, and retail operators expanding into crypto acceptance. Monthly transaction volumes ran approximately €700 million in 2024, with annual volume reaching €9.1 billion for the full year. The company reported 2024 revenue of €32.4 million with profit margins above 50%.

Security Incidents

CoinsPaid has been targeted twice by the North Korean Lazarus Group, one of the most prolific state-backed threat actors in cryptocurrency.

The first attack occurred on July 22, 2023. Over the preceding six months, Lazarus probed CoinsPaid infrastructure through phishing, DDoS, and brute-force attempts. In the weeks before the breach, attackers posed as LinkedIn recruiters offering salaries of up to $24,000 per month, luring employees into fake job interviews that tricked them into installing malicious software. This gave attackers network access, which they used to execute a heist lasting roughly four hours and netting $37.3 million in BTC, Tron-based USDT, and ERC-20 tokens. The stolen funds were laundered through cross-chain bridges, decentralized exchanges including Uniswap and SunSwap, multiple centralized exchanges, and the Sindbad Bitcoin mixer. Cybersecurity firm Match Systems attributed the attack to Lazarus based on wallet address overlaps with the June 2023 Atomic Wallet breach. CoinsPaid covered all client losses from its own reserves and published a detailed post-mortem.

A second breach followed on January 5, 2024, resulting in $7.5 million stolen in USDT, USDC, ETH, BNB, and the now-discontinued CPD token. Blockchain security firm Cyvers attributed this attack to the same group, noting insufficient wallet access controls as the exploited weakness. Exchange WhiteBIT froze deposited funds and initiated AML procedures following the theft.

In response to these incidents, CoinsPaid obtained ISO/IEC 27001 certification from Bureau Veritas and achieved CCSS Level 3 certification from Hacken, the highest tier for crypto custody security standards. Compliance infrastructure includes Chainalysis for AML monitoring, Crystal Blockchain, and Shufti Pro for KYC. Cold storage holds 95% of custodied assets through Ledger Enterprise.

Regulatory Status

CoinsPaid operates under a financial services license issued by Estonia's Financial Intelligence Unit. The company also holds FinCEN MSB registration in the United States and FINTRAC MSB registration in Canada. As the European Union's Markets in Crypto-Assets Regulation came into effect, CoinsPaid's Estonian FIU license ceased to qualify as a MiCA passport on July 1, 2026; the company's MiCA CASP application with Estonia's Finantsinspektsioon was pending as of mid-2026. In Lithuania, the subsidiary Dream Finance UAB suspended crypto-asset services on December 31, 2025 rather than complete the country's pre-deadline CASP authorization process.

Engineering and Operations

In July 2026 CoinsPaid announced that CoinsPaid Dev would operate as an independent blockchain infrastructure engineering brand, separating from CoinsPaid Solutions. The engineering unit employs more than 120 engineers working on backend architecture, blockchain integrations, cloud systems, and cybersecurity across more than 20 blockchain networks.

The company employs 200-plus specialists across offices on five continents. The merchant-facing dashboard supports English, German, and Chinese, with role-based user management, IP whitelisting, and two-factor authentication. Fee processing runs at 0.5% to 1.5% of transaction value on a volume-tiered basis, with inactivity fees applied after 90 days without transaction activity.