Bitcoin trading service Magnr to offer back-office blockchain, says new chief Colin Kwan

By September 7, 2015Bitcoin Business

Magnr, which provides Bitcoin financial services, is spinning up a blockchain dubbed "Project Kodo", and has also announced that Colin Kwan will become the company’s new chief executive officer and oversee the development.

Magnr currently offers margin loans for Bitcoin trades, and uses revenue from its trading platform to pay interest to Bitcoin savers.

Kwan, who was previously chief operating officer takes over from Joe Lee, whom will assume the role of chief innovation officer.Kwan combines […]

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