Singapore Bitcoin Exchange Quoine Raises $20m; Moves to Tokyo

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Bitcoin companies are saying poignant seductiveness from investors all over a world. Quoine, a Singapore Bitcoin exchange, has recently lifted US$20m in VC funding. This is utterly a step adult from a company’s prior investment round, that was value ‘only” US$2m.

It is engaging to note. Bitcoin sell Quoine is formed in Tokyo, notwithstanding being a Singapore platform. However, this new investment turn will assistance a association pierce a domicile from Tokyo to Singapore in a entrance months. There is also a Singapore office, that will continue handling as a subsidiary.

Quoine Focuses On Asian Market

The primary concentration for a Quoine Bitcoin exchange has always been on a Asian market. This new investment turn will not change that situation, as it will strengthen a company’s position in a region. Since many of a Bitcoin sell volume is imagining from China and other Asian countries, that seems to be a intelligent business decision.

By a demeanour of things, investors are stability a trend that started in 2015. A lot of VC funding has flowed to Bitcoin companies final year, and it looks like corporates are flocking to cryptocurrency companies as well. This is all really certain news

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