As Bitcoin is on fire and traction continues to increase every day, there’s a massive push for official institutions that support and solidify the industry. These institutions serve as foundations and set the trends to paves the road for the future. One such company is LedgerX, the first regulated bitcoin exchange and clearing house that allows you to obtain and hedge bitcoin using exchange-traded and centrally-cleared options contracts. Operated by some of the savviest minds in finance from Goldman Sachs, MIT and CFTC, LedgerX is bringing accessibility and infrastructure support to Bitcoin at an institutional level. If you though Bitcoin was surging now, just wait until the institutions are able to trade it.
AlleyWatch spoke with CEO Paul Chou about the company and discussed their most recent round of funding.
Who were your investors and how much did you raise?
We raised a Series B round of $11.4 million dollars led by Miami International Holdings and Huiyin Blockchain Venture Investments.
Tell us about your product or service.
We intend to provide a regulated platform for trading Bitcoin and other the digital currencies.
What inspired you to start the company?
The idea of open…