Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

Altcoin Exchange ShapeShift Raises $1.6 Million in New Funding

This piece has been updated with comment from ShapeShift CEO Erik Voorhees. Digital currency exchange ShapeShift.io has raised $1.6m in new funding. As reported by TechCrunch, the round drew support from Digital Currency Group, bitcoin entrepreneur Roger Ver and Bitfinex, the Hong Kong-based bitcoin exchange. Bitcoin Foundation executive director Bruce Fenton, Transform PR founder and CEO Michael Terpin and Trevor Koverko, founder of education-oriented e-commerce platform eProf, also took part in the round as angel investors. The announcement comes nearly six months after ShapeShift....


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