Singapore primarily based Bitcoin exchange QUOINE today announced the completion of its Series A financing victorious spherical, to $ 20 million. The spherical diode was in Japan’s capital risk company’s largest, formerly Japan Associated Finance Co., Ltd. QUOINE supported in 2014 and has introduced futures on mercantilism Ethereum and Bitcoin this year.
Commenting on plans for the use of the new capital, management startup, wrote: “Our fundraiser at an important time for the digital currency business in Japan to return, because the Japanese government recently passed a law that officially recognizes and displays the digital exchange, this new law clarifies the legal framework and a link to the full legitimacy of the digital currency. We will use the funds to ensure that QUOINE will be one of the most regulated exchanges in Japan, after the result of the principles of succession in 2017. ”
Bitcoin exchange of Singapore jointly announced two important appointments that facilitate its expansion plans. Mike Kayamori recently become COO of QUOINE and a wealth of experience as a Senior Vice President of Softbank transferred to where he managed investments, partnerships and activities in Asia.
Another important appointment was Ken Mazzio, the United Nations QUOINE occurs as head of compliance and security knowledge. With positioned QUOINE navigate complex regulatory landscape in Japan prior checking of management positions at Merrill kill, Barclays and the ANZ, Ken is good at helping.