ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin Exchange

By cineramaMay 7, 2015Bitcoin Business

itBit Logo New York bitcoin exchange itBit has closed $25m in Series A fundraising.

The round drew support from a pool of new and existing sources including RRE Ventures , Liberty City Ventures and investor Jay W Jordan II. Raptor Capital Management chairman James Pallotta also participated in the round.

ItBit further confirmed the addition of three new members to its board of directors: former Federal Deposit Insurance Corporation chairperson Sheila Bair; former New Jersey Senator […]

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ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin Exchange

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Previous PostFINMA, the Swiss Regulator Says Bitcoin Should be treated as Medium for Money Laundering

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