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ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin Exchange
New York bitcoin exchange itBit has raised $25m in a new Series A round from investors including RRE Ventures and Liberty City Ventures.

Raj Date-Led VC Firm Backs Align Commerce Seed Round
Fenway Summer participated in the latest funding round for cross-border blockchain payments solution provider Align Commerce.

EU Securities Watchdog Calls for Information on Blockchain Tech
The EU's securities watchdog has issued a call for evidence to ascertain if and when blockchain technology can "enter the financial mainstream".

DigitalTangible Rebrands as Serica in Push Beyond Precious Metals
Crypto 2.0 startup DigitalTangible has announced it will rebrand as Serica (Greek for silk), a move that marks an expansion beyond precious metals.

SecondMarket's Bitcoin Desk Relaunches as Genesis Trading
The former digital currency trading division at SecondMarket has relaunched as the newest subsidiary of Digital Currency Group, Genesis Trading.

Factom Raises $140k in First Day of 'Software Sale'
Factom has raised 579 BTC, or roughly $140,000, through the first day of its software sale.

Sberbank-Backed FinTech Investment Fund Sees Blockchain Potential
SBT Venture Capital partner Mircea Mihaescu has suggested that the blockchain could replace the current banking system.

Bitcoin Investment Trust Gets FINRA Green Light to Trade
The Bitcoin Investment Trust is set to become the first publicly traded bitcoin fund, having received approval from US securities regulator FINRA.

Hardware Wallet Startup Ledger Closes €1.3 Million Seed Round
Bitcoin hardware wallet startup Ledger has raised €1.3m in an investment round led by French VC fund, XAnge Private Equity.

Pantera Leads $1.1 Million Funding for African Bitcoin Startup BitPesa
Kenya-based bitcoin services provider BitPesa has raised $1.1m in funding led by Pantera Capital and including Bitcoin Opportunity Corp.
