Kraken, a Bitcoin exchange, raises $5M

Kraken, an online exchange for Bitcoin, Litecoin, Namecoin, Ven, Ripple, and other digital currencies, has collected a tidy $5 million.  That’s $5 million in real, grown-up dollars.  ‘We are excited to get significant funding to expand Kraken, which already has the most advanced order types, from the newest of users to the most sophisticated traders,’ said Jesse Powell, founder and CEO of Kraken, in a statement.  Kraken publicly launched in September 2013, and now claims it is the top exchange in Europe.  The company also touts Kraken’s ‘strict regulatory compliance and professional array of advanced order types, the result of two years of development.'”

http://venturebeat.com/2014/03/25/kraken-a-bitcoin-exchange-raises-5m/

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