BiT Capital commits $10M to BTM startup BiT Access

BiT Capital, a Canadian Bitcoin investment firm, has committed up to $10 million in seed funding to BiT Access, an Ottawa-based Bitcoin ATM startup. The commitment represents the largest seed investment yet into a Bitcoin-related venture, eclipsing the $9 million seed round raised by Jeremy Allaire’s Circle Internet Financial in October. BiT Access recently installed its first machine in the Clocktower Brew Pub in Ottawa, and will deploy additional machines in Montreal, Calgary, Winnipeg and Vancouver in the coming weeks. The company also plans to install its first American BTM in two weeks, right next to the New York Stock Exchange.”

https://medium.com/p/a3a827353779

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