Rank: Member Joined: 12/30/2012 Posts: 545 Location: NBI
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Released : 20 January 2015
NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that its wholly-owned subsidiary, The New York Stock Exchange, has made a minority investment in Coinbase, a leading bitcoin wallet and platform with over 2.1 million consumer wallets, 38,000 merchants and 7,000 developers.
Coinbase was established in 2012 in San Francisco and provides a platform for people to easily and securely use the digital currency bitcoin.
“With this investment, we are tapping into a new asset class by teaming up with a leading platform that is bringing transparency, security and confidence to an important growth market,” said NYSE President Tom Farley. “We look forward to supporting Coinbase’s growth utilizing our global distribution capabilities and market expertise.”
The New York Stock Exchange will work with Coinbase to bring additional transparency to bitcoin pricing. ICE is a leading provider of financial information and market data and has worked through its benchmark administration business to restore confidence and integrity in financial data.
Terms of the investment were not disclosed.http://otp.investis.com/...cid=953&newsid=28438BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
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