“SecondMarket is spinning out its Bitcoin activities into a stand-alone company that eventually will include a New York-based exchange for the cryptocurrency. The new company will receive from SecondMarket: Digital currency asset management. This includes Bitcoin Investment Trust, the first-ever U.S. investment vehicle dedicated exclusively to Bitcoin. It sort of acts like a currency ETF, and was launched last fall. Trading desk: SecondMarket has an 11-person Bitcoin trading team that originally was just a market-maker, but now is on both sides after Mt. Gox began disintegrating. $$: SecondMarket will contribute approximately $20 million in cash and Bitcoin assets.”
http://finance.fortune.cnn.com/2014/02/25/secondmarket-bitcoin-exchange/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
How to Decode the True Meaning of What NSA Officials Say
German prosecutors rummage through nursing homes in search of ex-Nazis
Grand Theft Auto V sales zoom past $1 billion mark in 3 days
Chicago Bans Vaping In Public—For The Children
Pew Poll: More Than 1 In 4 Americans Believe Government Is The Enemy
Syria hails U.S.-Russia chemical weapons deal as a ‘victory’ that averts war
Government sale of personal gene data condemned as ‘unethical and dangerous’
World's Nicest Traffic Cop Has Issued 25,000 Tickets With Zero Complaints
Fraternity investigated over Facebook pics of drugs and underage girls
Obama Hints At Military Intervention In Syria
1 in 4 Americans is saving nothing for retirement
France drops law that makes insulting the president a criminal offense
'There is no hiding place... our bombs will kill people': Jeremy Corbyn
Retirement crisis: Impoverished seniors on horizon
Fugitive Chris Dorner against the LAPD: ‘He knows what he’s doing. We trained him’