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Bitcoin => Press => Topic started by: cescan on August 12, 2014, 04:02:44 AM



Title: [2014-08-12] Silbert’s Bitcoin Opportunity Fund Drops $250K On India-Based Unoco
Post by: cescan on August 12, 2014, 04:02:44 AM
http://techcrunch.com/2014/08/11/silberts-bitcoin-opportunity-fund-drops-250k-on-india-based-unocoin/

Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors.

Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin. The company, which handles trading, merchant processing and storage for the currency, is based just outside Bangalore in Tumkur, India.