Japanese bitcoin exchange Quoine raised a $16M Series B, led by Japanese investment company Jafco. Quoine is now the 7th largest bitcoin exchange by volume.
Singapore-based Quoine, the startup offering a bitcoin exchange and other cryptocurrency-related services, announced today that it has secured a total of $16 million in a series B round.Following a series A round when the company raised $2 million from several angel investors back in December of 2014, this round was led by Japanese investment company Jafco with participation from an unnamed VC firm and several unnamed businesses. Since this round is not closed yet, the company said that it may additionally raise up to $4 million from potential business partners.
http://venturebeat.com/2016/06/24/quoine-raises-16-million-for-bitcoin-exchange-of-exchanges/