Bitcoin Boom Town: Mexican Bitcoin Exchange Bitso Secures $2.5 Million Investment Round

Bitcoin Boom Town: Mexican Bitcoin Exchange Bitso Secures $2.5 Million Investment Round

Mexican cryptocurrency exchange Bitso has closed a $2.5 million round of investment. The exchange announced it had closed the round of Series A1 financing earlier this week. Investors include US-based Digital Currency Group (DCG) and Mexico-based firms Monex, Variv Capital, and Xochi Ventures. In a press release about the funding round, DCG’s founder and CEO Barry Silbert announced the reason Bitso was chosen for the investment: “We have supported Bitso since their inception as they have built some of the most advanced exchange technology for digital assets and created partnerships that....


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