29 Oct '13, 8am

Coinfloor Is A New UK-Based Bitcoin Exchange Backed By Passion Capital And Transferwise Founder Taavet

Last summer, London’s first invite-only Bitcoin conference saw a room packed full of VCs, entrepreneurs and journalists on the 39th floor above Canary Wharf, at the heart of London’s fintech district. By their own admission, many of those attendees were there to find out for themselves why the crypto-currency was grabbing the tech headlines. Not least was Passion Capital’s Stefan Glaenzer who openly described himself as “totally clueless” and “on a learning mission” regarding Bitcoin. Another attendee that day was Transferwise founder Taavet Hinrikus who, in a call with me a few weeks later, likened Bitcoin to the early days of music filesharing service Napster. It may not shake out to be the future of online money, but its foundations point the way. However, four months is a long time in the world of Bitcoin, with news today that Passion Capital and Hinrikus, now obviousl...

Full article: http://techcrunch.com/2013/10/29/coinfloor/

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