25 Jun '14, 4pm

Meet the company that wants to bring bitcoin to the stock market - Quartz #bitcoin

Meet the company that wants to bring bitcoin to the stock market - Quartz #bitcoin

Bitcoins could be coming to an stock exchange near you. Bitcoin-mining company BitFury Group is hoping to become the first bitcoin-related company listed on a major exchange as early as next year, reports bitcoin newsletter Crypto Crimson . The San Francisco-based cryptocurrency startup has managed to raise some $20 million in venture-capital funding from those willing to bet that the firm can distinguish itself from the pageant of entrepreneurs hitching their wagons to the risky crypto-currency’s future. BitFury completed its venture round last month, luring notable investors including Bill Tai and Jonathan Teo , who were early Twitter backers. BitFury’s CEO, Valery Vavilov, said he wants to take the firm public, according to Crypto Crimson: “The success of this funding round validates our strategy and brings us closer to our aspiration of becoming the world’s first publi...

Full article: http://qz.com/226033/meet-the-company-that-wants-to-bring...

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