bcause
Company

Last deal

$5M

Amount

Series B

Stage

30.04.2018

Date

3

all rounds

$5.1M

Total amount

General

About Company
Bcause provides internet-based global financial market solutions for the digital currency ecosystem.

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founded date

01.01.2013

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company's online platform allows users to invest in regulated futures and options for Bitcoin and other crypto-currencies, and they are building the world's first full-stack cryptocurrency ecosystem, including a digital mining facility, spot market, regulated derivatives exchange, and clearing house. Bcause has filed with the U.S. Commodity Futures Trading Commission to become a designated contract market and intends to establish a derivatives clearing organization. Once regulatory approvals are in place, Bcause will become the only venue to serve as a one-stop shop for all parts of the digital currency value chain. The company plans to launch in 2018, starting with its digital mining facility in Virginia Beach, Virginia, and spot trading in the first half of the year.
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