Venture Capitalists Still See Promise in Bitcoin Startups

Venture Capitalists Still See Promise in Bitcoin Startups

Over 150 years later the gold rush is striking California again, this time for what some call digital gold, because of its limited supply, Bitcoin. Venture capitalists still see the promise in some Bitcoin businesses. The startup Vaurum received four million dollars in seed funding from Battery Ventures, Tim Draper, Steve Case and others. Vaurum is a Bitcoin startup from Palo Alto that enables "banks & brokerages to trade, store and offer bitcoin to their customers" so that they can run their own exchanges. Bitcoin continues to gain credibility, last week, Bloomberg started providing....


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