Quoine Gets $20M Funding as Asian Bitcoin Trading Soars
The CEO of Asian bitcoin exchange Quoine says the region will dominate the bitcoin landscape over the coming years, as his company completes a funding deal worth $20 million USD. Quoine’s new investment comes from VCs and other “strategic investors.” There has been a flurry of investment announcements from Japanese bitcoin exchanges this year, with....
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The primary focus for the Quoine Bitcoin exchange has always been on the Asian market. Bitcoin companies are seeing significant interest from investors all over the world. Quoine, a Singapore Bitcoin exchange, has recently raised US$20m in VC funding. This is quite a step up from the company’s previous investment round, which was worth ‘only” US$2m. It is interesting to note. Bitcoin exchange Quoine is based in Tokyo, despite being a Singapore platform. However, this new investment round will help the company move its headquarters from Tokyo to Singapore in the coming months. There is also....
Pan-Asian bitcoin exchange Quoine announced today it has closed a $2m angel funding round, involving a number of investors and private funds. The firm's CEO Mario Gomez-Lozada told CoinDesk that the investors, who have chosen to remain publicly unnamed for now, include "hedge funds principals, major payment aggregators and top FX traders in Japan", along with executives of financial institutions. Quoine plans to use the additional funds on product development and global expansion. Quiet growth so far. Quoine's management team explained that the company has operated in "stealth mode" since....
Following Ethereum’s production-ready software release earlier this month, digital currency exchanges are now adding support for the native token that powers its blockchain, ether (ETH). In recent weeks, the majority of announcements have come from Asia, where exchanges in China, Japan and South Korea have all added support for ETH trading. Such actions follow the news that Bitfinex, one of the world’s largest digital currency exchanges, had added support for the digital currency on 12th March. Regional exchanges that have since announced support for ETH trading including Coincheck, CHBTC,....
A new trading exchange has set its sights on the wealthy markets of Japan, Hong Kong and Singapore, and wants to usher in a new era of professionalism for serious bitcoin traders across Asia. Quoine is being built by a management team of former and current forex traders who have all worked at some of the biggest names in banking, in the world's premier financial centers. With a philosophy that all financial dealings should be treated "like hygiene" in order to function properly, the team is focusing on security and compliance, with an interface designed to be both professional trader- and....
Pan-Asian Bitcoin Exchange Quoine recently presented its opinion on the true potential of Bitcoin in a post-Mt Gox Japanese market. In a statement given to the Japan Times, the Singapore firm's CEO Mario Gomez Lozada counted a number of improvements that has been made by them to bring people's confidence back into Bitcoin trading. In his view, the older Bitcoin exchanges, such as Mt. Gox, did not possess adequate knowledge to operate online financial services, a factor that led to its ultimate demise. Quoine, on the other hand, followed a testified banking method to operate a newer Bitcoin....