“Some 320 startups are now involved somehow in maintaining or tracking the bitcoineco-system, according to a database maintained by Creandum AB, a Swedish venture capital firm. There are exchange services, like Bitstamp, an exchange based in Slovenia, where users can trade dollars for bitcoin and vice versa. And of course, there are several payment-processing providers, as well as companies offering digital wallets and banking services for bitcoin users. All in all, these bitcoin-related startups have raised upwards of $90 million in announced venture, seed and crowd-funding. A majority of that funding has been raised by a few U.S. firms, like Coinbase, Circle, Ripple, gyft and 21E6.”
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