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April 07, 2017, 09:53:35 AM |
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ViaBTC, the world’s TOP5 Bitcoin mining pool, announced that it has closed series A funding of 20 million CNY. The investment was led by Bitmain, a leading manufacturer of bitcoin mining hardware and saw participation of private investors “who are not ready to reveal themselves now.”
The Shenzhen-based company stated that it will utilize the finances from the funding to initially launch a CNY/BTC exchange in around two months with a USD/BTC exchange to follow.
Sara Ouyang, Chief Operating Officer at ViaBTC, revealed that:
“The CNY exchange will be based in China and provide no margins or futures, but the USD exchange will be based offshore and will provide margins and futures as permitted by relevant regulations.”
The full article:http://news.8btc.com/viabtc-raises-%C2%A520-million-in-series-a-for-new-exchange-business
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