Venture Capital Grabs at Latest Bitcoin Startup Fundraising Effort
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Bitcoin may be lower as regulators in India clamp down, but that doesn't mean the virtual currency is done for.
Bloomberg reported Friday that Bitcoin trading platform Coinsetter, Inc., filed to raise $1.5 million from venture capital firms recently. The company is only open to friends and family right now and offers aggregate Bitcoin prices, trading tools, and market analysis.
Coinsetter CEO Jason Lukasiewicz commented today that the firm was only looking to raise $1 million, but wanted to leave an option open to bring in more. He also said the there were already commitments for the full amount.
SecondMarket CEO Barry Silbert recently sank $500,000 into Coinsetter.
Notably, WPCS International (Nasdaq: WPCS) shares are hot on Friday's session. Late Thursday, the company announced that its wholly-owned subsidiary, BTX Trader, LLC ("BTX Trader" or "BTX") has released a beta version of its Windows-based trading platform that is now available to the public. The company said,
WPCS is up 74 percent, while Bitcoin appears to be down slightly at $715.
Bloomberg reported Friday that Bitcoin trading platform Coinsetter, Inc., filed to raise $1.5 million from venture capital firms recently. The company is only open to friends and family right now and offers aggregate Bitcoin prices, trading tools, and market analysis.
Coinsetter CEO Jason Lukasiewicz commented today that the firm was only looking to raise $1 million, but wanted to leave an option open to bring in more. He also said the there were already commitments for the full amount.
SecondMarket CEO Barry Silbert recently sank $500,000 into Coinsetter.
Notably, WPCS International (Nasdaq: WPCS) shares are hot on Friday's session. Late Thursday, the company announced that its wholly-owned subsidiary, BTX Trader, LLC ("BTX Trader" or "BTX") has released a beta version of its Windows-based trading platform that is now available to the public. The company said,
BTX Trader ... is the first trading platform to enable Bitcoin traders and industry researchers to access market data and execute orders on the five most popular Bitcoin exchanges in a single application.
WPCS is up 74 percent, while Bitcoin appears to be down slightly at $715.
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