Archives for April 2015

Circle Raises $50 Million With Goldman Sachs Support

Bitcoin financial services startup Circle Internet Financial has closed a $50m funding round. The Boston-based company drew support from Goldman Sachs and China-based IDG Capital Partners, as well as all of Circle’s pool of existing investors, including Breyer Capital, General Catalyst Partners and Accel Partners. Tom Jessop, managing Learn More

Spondoolies-Tech to Merge With Bitcoin Shop in Mining Market Shake-Up

Bitcoin Shop (BTCS) and Spondoolies-Tech have signed an agreement that would find the publicly traded bitcoin services firm and the Israeli mining hardware manufacturer merging and continuing under a united brand. The result, according to BTCS CEO Charles Allen, amounts to a "merger of equals", one that he believes positions BTCS to Learn More

Raj Date-Led VC Firm Backs Align Commerce Seed Round

A diverse cast of investors has contributed to the most recent undisclosed seed funding round for blockchain-based, cross-border payments solution provider Align Commerce. Participants included more familiar names such as entrepreneur Barry Silbert's Bitcoin Opportunity Corp, Adam Draper-led Boost VC and hedge fund Pantera Capital. The round also Learn More

Sweden's Nasdaq Exchange Approves Bitcoin-based ETN

Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins. The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May. In a Learn More