Coinsetter Offers Company Equity in Bid to Attract Market Makers
Coinsetter has announced it intends to divide a 10% stake in the company's business among interested market makers who agree to add liquidity to its order book. The company's newly announced Market Making Equity Incentive Program will require participating market makers to maintain at least $300,000 in holdings with the New York-based exchange. Coinsetter will then partition its corporate equity based on trading volume that can be linked to quotes provided by its market makers. CEO Jaron Lukasiewicz framed the program as possibly the "most exciting announcement" in the company's history,....
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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 City-based Coinsetter continues on their mission to be the trading platform for bitcoin investors. On Wednesday, the exchange announced the launch of access to their very own FIX API, considered to be the financial industry's standard [communications] protocol for financial transactions. The company writes in their news release: With the introduction of its FIX 4.4 API, Coinsetter allows customers to connect their existing trading systems to a consolidated source of bitcoin liquidity. Traders utilizing Coinsetter's FIX API are able to place and manage orders, as well as receive....
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....
Coinsetter is a Wall Street built bitcoin exchange for firms and individuals. The company’s trading platform puts the power of institutional bitcoin trading at the customers fingertips. Coinsetter offers an industry leading feature set to all types of users by aggregating the feeds of multiple exchanges to offer the best bitcoin prices available anywhere along with a deep liquidity near the market price nearly unmatched. Both businesses and individuals can benefit from using Coinsetter bitcoin exchange. The company’s full exchange feature set is widely available to most customers with....
Today brings the start of the World Cup - and an interesting announcement from New York City-based Coinsetter, a new bitcoin exchange aiming to make a splash in individual and institutional digital currency trading. The company has announced a partnership with LaunchKey - a company that specializes in accounts security and authentication - to bring something they have creatively called LaunchKey for Coinsetter: With LaunchKey's enterprise multifactor authentication platform, Coinsetter users now have a comprehensive solution that improves privacy and security through decentralization of....