Swiss Bitcoin Investment App Relai Raises $2.7 Million

Switzerland-based bitcoin investment app Relai raised more than $2.7 million in a series A round and now seeks to build a proprietary broker.Relai, a Switzerland-based app designed to make bitcoin investing simple in Europe, has announced a raise of 2.5 million Swiss francs (roughly $2.778 million) in series A funding led by Swiss venture capital firm Redalpine.“The capital injection will be used to build the leading bitcoin broker in Europe and obtain a financial intermediary license,” according to a Relai press release shared with Bitcoin Magazine. “The new financing round will enable....