This morning, US-based Coinsetter launched their much-anticipated bitcoin trading platform. The company was one of the first in the space to raise venture capital, closing a $500K round in April co-led by Barry Silbert’s Bitcoin Opportunity Fund and Tribeca Venture Partners.
As an exchange looking to serve both US and international clients, Coinsetter is taking a unique approach to navigating the regulatory landscape and offering deep liquidity for its customers.
The company was founded by Jaron Lukasiewicz, previously an Associate at The CapStreet Group, a private equity firm in Houston, Texas. Coinsetter was initially focused on offering margin trading and the ability to short the currency, as both such financial services were notably missing or underdeveloped in the bitcoin space.
With the dramatic changes in the bitcoin ecosystem over the past six months including dramatic price climbs, an evolving regulatory landscape, and a developing ecosystem, Coinsetter refocused its efforts on offering customers a US-based exchange with minimal latency and reliable banking behind the scenes. Regulatory Compliance As a New York…
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Source: Genesisblock
