27 Feb '15, 10pm

Bitcoin Derivatives Platform TeraExchange to Go Public in Merger

Bitcoin Derivatives Platform TeraExchange to Go Public in Merger

MGT Capital Investments has entered into an agreement with Tera Group that would find the operator of the first regulated bitcoin derivatives platform TeraExchange going public on the New York Stock Exchange (NYSE) MKT, the leading equities capital market for small cap companies. The New Jersey-based company framed the news as that which would open up the NYSE to a bitcoin venture for the first time. TeraExchange CEO Christian Martin and president and COO Leonard Nuara explained that the company had been looking to enter the capital markets for three months, and that in MGT it was able to find a partner seeking to enter the bitcoin space, as well. Martin further spoke to the importance of bitcoin for TeraExchange, telling CoinDesk: “Bitcoin consumes the majority of our mindshare here in our firm. It’s our bitcoin listing and subsequent certification that has the most comme...

Full article: http://www.coindesk.com/bitcoin-derivatives-platform-tera...

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