Singapore: Bitcoin exchange Quoine raises $20m venture investment

Singapore: Bitcoin exchange Quoine raises $20m venture investment

Visual of Quoine homepage. June 2016.

Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round led by JAFCO, leveraging off the large opportunity for Bitcoin in the Japanese market, with participation from venture capitalists (VCs) and other strategic investors.

In addition to the funding, the company has appointed Ken Mazzio as head of compliance and information security. Its last funding round was a $2 million angel investment in December 2014.

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