AlphaPoint Raises $1.35m in new funding to expand its line of digital currency exchange

Click here to view original web page at

AlphaPoint Raises $1.35m in new funding to expand its line of digital currency exchange

As AlphaPoint want to expand its operations of the digital currency exchange solutions, it has raised $1.35m in new funding. The company says that it is bringing its products to new international markets. Some top notch VC firms Ben Franklin Technology Partners and Robin Hood Ventures, were among the funding agencies.

There were some notable angel investors such as Invite Media co-founder Scott Becker and DuckDuckGo CEO Gabriel Weinberg as well. Talking to media professionals AlphaPoint CEO Vadim Telyatnikov said that the funding round as one that will empower his company to help major digital currency exchanges better meet the increasing demands.

He said that the increasing demand of the large-scale operations, while new entrepreneurs, in turn, will be able to leverage the technology to launch marketplaces in new jurisdictions. Telyatnikov also explained his company’s big-picture vision saying “We see ourselves as the Intel Inside, with our clients marking themselves as their own brands and we’re the technology on the back end.”

The company believes that more exchanges will want to outsource the difficult technical components of building and scaling a complex infrastructure. This according to him is where AlphaPoint can gain traction in the market. He admitted that customers must put a lot of trust in their technical partner if the technology can’t keep up with volume or feature needs, their business can’t operate or stay competitive.

The Company Has State of the Art Technology

Elaborating his point Becker further said that he would put his trust in AlphaPoint as according to him the AlphaPoint team has already built successful exchange and trading systems in both the finance and online advertising spaces. According to his estimates AlphaPoint now has roughly a dozen clients all over the world, including major regional Bitcoin exchanges such as Canada’s Cointrader and Mexico’s meXBT.

The company says that with state of the art technology, it enables businesses to integrate with the fabric of digital currencies including Bitcoin. It encourages clients to contact its sales department for more information like its products. Currently, AlphaPoint offers two products, the AlphaPoint Exchange Platform, and AlphaPoint Exchange Remarketer.

The AlphaPoint Exchange Platform advertises that it can process 1 million digital currency transactions per second. Similarly, the AlphaPoint Exchange Remarketer, which connects exchanges for liquidity. Telyatnikov is now confident AlphaPoint is the right platform that can help expand Bitcoin use globally, while capitalizing on trends in the market.

To contact the reporter of this story: Deepak Tiwari at

There were some notable angel investors such as Invite Media […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by
Tags: media one

Recent Posts

  • Altcoins

Ripple Ranks 13th on The SFBT Philanthropy Awards List

ripple xrp petroleum industry partnership altcoin buzz (14)_opt According to findings, a significant factor to the rankings is the $25… Read More

1 min ago
  • Bitcoin Business

Bakkt Kicks off Test-Launch Phase for Physical Bitcoin BTC Futures

Testing of Bakkt’s Bitcoin futures contracts starts today as the ICE-backed startup is trying out the underlying infrastructure to see… Read More

6 hours ago
  • Bitcoin Business

The Myth of Authority: Mnuchin Denies USD Is Used Criminally

U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used… Read More

6 hours ago
  • Bitcoin Business

Survey: Just Four Percent of US Public Favour Bitcoin or Other Crypto Assets as a 10+ Year Investment

According to a survey produced by financial services firm BankRate, Bitcoin and crypto do not represent a popular choice of… Read More

6 hours ago
  • Bitcoin Business

Analyst: Bakkt Could be a Huge Catalyst for Bitcoin; Is a Price Surge Inbound?

Despite facing multiple long delays, the highly anticipated Bakkt Bitcoin futures platform has finally began testing, and many analysts are… Read More

6 hours ago
  • Bitcoin Business

Robinhood Raises $323 Million, Still Worth Less Than Coinbase

Robinhood's $323 million fundraising haul values the trading app at $7.6 billion. But it's still worth less than Bitcoin exchange… Read More

6 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More