Bitcoin exchange Coinsetter acquires Canadian platform

By April 8, 2015Bitcoin Business

NEW YORK (Reuters) – Coinsetter, a New York-based bitcoin exchange that targets institutional and professional traders, said on Wednesday it has acquired Canadian Virtual Exchange, a bitcoin trading platform which recently shut down due to security breaches.

According to sources, the deal was valued at $2 million, marking the first merger deal in the growing bitcoin exchange market.

Jaron Lukasiewicz, chief executive officer of Coinsetter, will become the CEO of Cavirtex. The transaction was an all-stock […]

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