29 Dec '13, 3pm

Bitcoin Trading Platform Coinsetter Close to Raising Additional $1.5m

Bitcoin Trading Platform Coinsetter Close to Raising Additional $1.5m

New York-based Coinsetter , which has built a platform for high-speed bitcoin trading, is raising additional venture capital. According to a Securities and Exchange (SEC) filing, the company is looking to raise a total of $1.5m. Coinsetter CEO Jaron Lukasiewicz told CoinDesk that the company has already raised most of the funds. “You can’t see this from the filing, but we have commitments on the majority of the round. We are now in discussions with a few large investors on the remainder. These are mostly VC firms and very high net worth angels,” he said. Numerous investors from the financial world are involved, according to Lukasiewicz. He said: “There are a large number of successful people from the hedge fund and finance industry participating in this round. We may disclose more info after we close the round.” Coinsetter has built a bitcoin trading platform that can exec...

Full article: http://www.coindesk.com/bitcoin-trading-platform-coinsett...

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