27 Jul '16, 11am

Bitcoin Trading Platform Coinigy Raises $400k - CoinDesk

Bitcoin Trading Platform Coinigy Raises $400k - CoinDesk

Coinigy has raised $400,000 in seed funding to develop an updated version of its bitcoin trading platform. The funding comes more than a year after the US-based startup raised $100,000 to offer traders real-time charts, news feeds and technical indicators. According to the startup, the new funds come from a single undisclosed angel investor. The capital will be used to hire additional developers as part of what Coinigy business development lead Derek Urben called the push toward the "2.0" version of the platform. Urben told CoinDesk: "I guess the biggest problem we have, which is a really good problem to have, is that we just quite literally don’t have enough hands to type up the code and enough bodies to do all this work." Currently, Coinigy’s platform lets users trade digital currencies across multiple platforms, gathering price data from a range of bitcoin and other dig...

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

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