Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg

2 years ago

Bitstamp is successful the process of raising a circular to grow the fig of markets it serves astir the world, according to a study from Bloomberg.

“Bitstamp is not for sale, and we are not actively looking to merchantability the company,” Jean-Baptiste Graftieaux, its CEO, said successful a connection to Bloomberg. “Our existent and exclusive precedence is to rise wealth done strategical investors to accelerate Bitstamp’s maturation by providing caller products and services to retail and organization crypto customers.

Galaxy Digital Holdings is said to beryllium an advisor successful the round. Bitstamp volition usage the funds raised to motorboat a licensed derivatives trading cognition successful Europe and grow successful much markets successful Asia.

Bitstamp is based successful the U.K and was 1 of the archetypal crypto exchanges, founded successful 2011.

A Bitstamp spokesperson did not instantly respond to a petition for comment.

Edited by Parikshit Mishra.

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