bitFlyer, a Japan-based Bitcoin exchange, has raised another JPY 510m (approximately $6.5m) in funding as it continues to try filling the void in Japan left by the MtGox collapse last year. This is bitFlyer"s third and largest funding round to date, bringing total investment to $4m. Investors in this round include Mitsubishi UFJ Capital, Dentsu Digital Holdings, QUICK Corp, Mitsui Sumitomo Insurance Venture Capital, and Venture Labo Investment. bitFlyer plans to use the new funding to build up its security systems.
bitFlyer, a Japan-based Bitcoin exchange, has raised another JPY 510m ($4m) in funding as it continues to try filling the void in Japan left by the MtGox collapse last year. This is bitFlyer"s third and largest funding round to date, bringing total investment to approximately $6.5m. Investors in this round include Mitsubishi UFJ Capital, Dentsu Digital Holdings, QUICK Corp, Mitsui Sumitomo Insurance Venture Capital, and Venture Labo Investment. bitFlyer plans to use the new funding to build up its security systems.