Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg

.Bitstamp is in the middle of a fundraise to fuel expansion in Europe and Asia, according to a report from Bloomberg. thesamreynolds writes

“Bitstamp is not for sale, and we are not actively looking to sell the company,” Jean-Baptiste Graftieaux, its CEO, said in a statement to Bloomberg. “Our current and exclusive priority is to raise money through strategic investors to accelerate Bitstamp’s growth by providing new products and services to retail and institutional crypto customers.

Galaxy Digital Holdings is said to be an adviser in the round. Bitstamp will use the funds raised to launch a licensed derivatives trading operation in Europe and expand in more markets in Asia.

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