“Today itBit, a global bitcoin exchange, announced their official launch as well as the completion of their second round of funding. The company raised a total of $5.5M, with the most recent round closed over the last month for $3.25M. itBit is opening trading today for non-US institutional and retail traders, as well as some US institutional traders. The exchange is headed by Rich Teo, who previously worked as a Senior Analyst at Cedar Hill Capital Partners and Citigroup as an M&A analyst before that. itBit has offices in Singapore, Shanghai and New York, and is looking to serve the full global market of bitcoin traders.”
http://thegenesisblock.com/bitcoin-exchange-itbit-announces-launch-5-5m-total-funding/
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