Mar 17, 2014
New Post has been published on Bitcoin:Views
OKCoin Raises $10 Million to Become China’s ‘Largest Exchange’
By Marc van der Chijs, Coindesk.com
OKCoin, the exchange claiming to be China’s largest by trading volume, has announced a $10m Series A funding round.
The investment round was led by Ceyuan, one of China’s earliest venture capital firms, followed by Mandra Capital, VenturesLab and numerous high-profile angel investors.
Despite the nation’s recent crackdown on cryptocurrencies, it seems Chinese venture capitalists are still bullish on bitcoin exchanges and the currency itself.
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