Coinsetter's New Funding Round Almost Complete
Nascent bitcoin exchange Coinsetter has completed over half of a $1m funding round by crowdsourcing from its early adopters. Last Monday, CEO Jaron Lukasiewicz sent an email to those who had already signed up for accounts at his exchange to ask if they would like to invest in the interim seed round. Lukasiewicz, who recently launched the public beta version of the exchange, originally secured a $500,000 seed investment in April from a group of angels including: Barry Silbert's Bitcoin Opportunity Fund, Roger Ver and Technology Entrepreneur Jimmy Furland, among others. He says: "We have....
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New York City-based bitcoin startup Coinsetter has taken its first outside investment by closing a seed round of funding totaling $500,000. The round was led by Barry Silbert, the CEO and founder of SecondMarket, and tech entrepreneur Jimmy Furland. Silbert invested in the company through his Bitcoin Opportunity Fund. Tribeca Venture Partners, a venture capital firm, also took a leading role as the largest investor in the round. Other investors include Microsoft head of corporate strategy Charles Songhurst, Facebook product lead Ben Davenport and bitcoin industry leader Roger Ver. "This....
The New York City-based bitcoin exchange Coinsetter has filed to raise up to $1.5 million in venture capitalist funding with the United States Securities and Exchange commission. The company's CEO, Jaron Lukasiewicz, said that Coinsetter was only planning to raise $1 million, but would like the flexibility to raise more funding as the exchange prepares to launch to the public. It is currently in private beta. The company managed to raise about half-million USD back in April of this year, and this next round will certainly go a long way in improving the service, which hopes to attract....
New York-based Coinsetter, which has built a platform for high-speed bitcoin trading, is raising additional venture capital. According to a Securities and Exchange (SEC) filing, the company is looking to raise a total of $1.5m. Coinsetter CEO Jaron Lukasiewicz told CoinDesk that the company has already raised most of the funds. "You can't see this from the filing, but we have commitments on the majority of the round. We are now in discussions with a few large investors on the remainder. These are mostly VC firms and very high net worth angels," he said. Numerous investors from the....
In early November we talked about a brand-new exchange soon opening its doors, based in New York City, Coinsetter. At the time it was noted that the Coinsetter order book would be integrated with Bitstamp's, and at last, it has. Coinsetter today announced that the activation of the Bitstamp integration is complete, and is available to the site's small group of beta testers. "We are excited to announce that we have integrated Bitstamp's order book into Coinsetter, which brings a deep source of liquidity to traders on our platform," the company said in the announcement. "Our partnership with....
Bitcoin exchange Kraken has announced it has purchased Coinsetter in what amounts to one of the larger mergers of notable brands in the bitcoin ecosystem. As a result of the undisclosed deal, Kraken’s exchange will now be available in 37 US states as well as all 10 Canadian provinces. Coinsetter had previously acquired Canadian bitcoin exchange CAVirtex in April, months after it would close citing security concerns. The sale of New York-based Coinsetter, rumored for months, follows an influx of new and well-capitalized entrants in the US bitcoin exchange market, which has seen startups....