3 Forces Shaping Next-Generation Bitcoin Exchanges
Investors and venture capitalists have developed a healthy appetite for funding bitcoin exchange services in recent months.
As the exchange system represents a key element of the broader bitcoin economy, it’s unsurprising that these companies are able to secure working capital. A closer look at recent news events, however, reveals that underlying trends may be a motivating factor.
In the aftermath of Mt Gox’s much-publicized collapse, a new breed of exchanges has moved to fill the vacuum previously occupied by what was once the most popular bitcoin exchange.
From China to Silicon Valley, the companies behind the world’s most active bitcoin exchanges are raising funds and using those resources to build and deploy stronger and more user-friendly platforms, ones that go beyond Mt Gox in many key ways.
This post was published at Coin Desk on August 31, 2014.