09 Apr '13, 1pm

Coinsetter

Coinsetter

Today, Coinsetter , a New York City-based startup looking to launch a new Forex trading platform for Bitcoin, announced today that it has raised $500,000 in seed capital. The round was led by Tribeca Venture Partners, with participation from angel investors like SecondMarket co-founder and CEO Barry Silbert, Jimmy Furland, a London-based technology entrepreneur, Microsoft Head of Corporate Strategy, Charles Songhurst and Facebook Product Lead Ben Davenport. The investment comes at a time when there’s been a flurry of new interest in Bitcoin, given that the crypto-currency just officially became a billion-dollar market at the end of March. Since then, venture capitalists have weighed in on what they love about Bitcoin, including its potential to not only “disrupt multi-billion-dollar markets, but in doing so also create new big markets,” Lightspeed Ventures’ Jeremy Liew wro...

Full article: http://techcrunch.com/2013/04/09/coinsetter-lands-500k-fr...

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Startup raises $500K to create Bitcoin trading platform

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