Barry Silbert's Bitcoin Opportunity Corp. Invests $200,000 in Volabit, a Mexican BTC Exchange

Mexico-based bitcoin exchange Volabit has received $250,000 in new funding, an amount the company says will be used to further establish itself in the digital currency market. The capital comes from Bitcoin Opportunity Corp, a investment vehicle headed by SecondMarket and Bitcoin Investment Trust CEO Barry Silbert. Speaking to CoinDesk, Silbert said that he is confident Volabit can gain the users it needs to target the country's underserved consumer market, and that his firm's investment is a reflection of this belief. Silbert told CoinDesk: "Through the use of bitcoin, Volabit has the....

Barry Silbert and his Bitcoin Opportunity Corp. is at it again. This time around, Silbert is reported to have invested a whopping $250,000 in a Bangalore, India-based bitcoin start-up called Unocoin. It's one of a few investments Silbert has made in recent history in the sector, which includes $250,000 in Mexican bitcoin exchange Volabit, and another $250,000 in Swedish bitcoin services company Safello. With interest in bitcoin and other digital currencies in India rising, it's prime territory for an investor. Not only for investors, though, it's an excellent opportunity for the Indian....

The Mexican bitcoin exchange Bitso which was recently in news for the acquisition of its competitor Unisend Mexico has emerged much stronger in the Mexican bitcoin market with the closure of its seed funding round. The company has raised money from Bitcoin Opportunity Corp., an investment fund backed by well-known entrepreneur and Bitcoin investor Barry Silbert. Few undisclosed angel investors have also invested in Bitso along with Bitcoin Opportunity Corp. The potential for bitcoin market in Mexico is huge with estimated inward remittance of over $22 billion in the year in 2013 alone.....

bitFlyer, a Japanese Bitcoin exchange, announced today that they obtained $236,000 through fundraising from the Bitcoin Opportunity Corp, an investment vehicle. That is the first investment in a company based in Japan for the Group. This investment will be the first convertible bond issue by bitFlyer. According to Investopedia, a convertible bond "can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder". Bitcoin Opportunity Corp. The Bitcoin Opportunity Corp (BOC) has invested in over 30 Bitcoin....

Swedish bitcoin exchange Safello has received $250,000 in new funding from the Bitcoin Opportunity Corp (BOC). Safello made the announcement at the CoinSummit conference in London today. Notably, the financing is the BOC's largest investment outside of the US yet. The new funds are anticipated to allow the Stockholm-based company to increase its marketing efforts across Europe and roll out new products and features faster. As a result, the BOC's chief executive and founder, Barry Silbert, expects to see Safello's customer and transaction volume growth accelerate, he said in an interview....