Swedish Bitcoin Exchange Cryex Secures $10M in Funding to Expand Platform
bitcoin

Swedish Bitcoin Exchange Cryex Secures $10M in Funding to Expand Platform

THELOGICALINDIAN - Bitcoin is accepting a ballast in European countries as of lateMultiple Bitcoin exchanges are either accretion to Europe or are accepting allotment to aggrandize absolute operations The latest Bitcoin barter to defended a annular of berry allotment is Cryex based in Sweden

Also read: Legacy Banks Invest In Coinbase’s Record $75m Funding Round

Cryex Secures $10m in Funding

Bitcoinist_cryex_logo

The capital ambition of Cryex is to body a arch amid banking markets and the blockchain economy. Several companies are aggravating to breach arena in this area, yet there are abounding altered means to accompany the goal. Cryex aims to advance its team’s aggregate acquaintance to accommodate affection banking technologies and services. The barter launched on March 4, 2015, and has afresh anchored $10 actor USD in funding.

This funding came from assorted investors, including key adventure basic firms such as NorthZone and White Star Capital. Furthermore, added leaders in the banking industry were complex in this alternation of funding, although no added names accept been made accessible at this point.

A account fabricated by Eric Martineau-Fortin, Managing Partner at White Star Capital mentions:

In the future, Cryex wants to become a adapted allowance organization. On top of that, Cryex additionally wants to actualize a member-only exchange with allowance and adjustment in forex and digital currencies.

Digital Currency’s Popularity in Sweden

Bitcoinist_sweden

Cryex’s advertisement comes aloof a few abbreviate weeks afterwards Safello, addition Bitcoin exchange, appear its Bitcoin wallet service. This wallet was developed in adjustment to accomplish Bitcoin added ambrosial to boilerplate consumers, advertence that the aggregation feels there is a able appeal for an easy-to-use Bitcoin wallet account — not aloof in Sweden but added countries as well.

Furthermore, Sweden is home to two Bitcoin ATM’s, which is on par with the boilerplate for best European countries. One Lamassu Bitcoin ATM — converting authorization to Bitcoin — is amid at Sup46 Safello Office in Stockholm. The added BitAccess two-way Bitcoin ATM can be begin a little further, at the BTXC Office in Stockholm.

At this time, it is too aboriginal to allocution about a “Bitcoin boom” in Sweden, yet contempo events show the country is adorable for such a moment, should it anytime happen.

What are your thoughts on Cryex and Bitcoin in Sweden? Let us apperceive in the comments below!

Source: Cryex Blog

Images address of Shutterstock and Cryex