itBit Raises $3.25 Million


itBit Raises $3.25 Million To Launch A New Global Bitcoin Exchange For Institutional InvestorsThere are a number of Bitcoin exchanges out there today, but a new startup called itBit hopes to legitimize the market by providing bank-like security and compliance. This newest Bitcoin exchange has raised $3.25 million in a funding round co-led by Canaan Partners and RRE Ventures, with participation from Liberty City Ventures, as well angel investors such as Jay W.

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