Kraken Gobbles Up Coinsetter and Cavirtex, Captures Series B
San Francisco-based bitcoin exchange operator Kraken said Monday that it has acquired Coinsetter and Cavirtex, two Bitcoin exchanges, and also received a multi-million dollar funding round. Size of that round was not announced. Kraken said the Series B funding was led by SBI Investment. The new funding comes on an earlier, $5M announced by the company in March of 2014. Kraken is led by Jesse Powell. The company's other investors include Hummingbird Ventures, Blockchain Capital and Digital Currency Group
posted on Monday, February 1, 2016
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