ErisX a Crypto Exchange raises $27.5 Million

ErisX has raised a fund of $27.5 Million from Nasdaq Ventures, the world’s second-largest stock exchange, and Fidelity Investments, USA  based investment firm which administers over $7.2 trillion client’s assets. Thomas Chippas, ErisX CEO said the funds will be used to built infrastructure, hire staff and secure digital assets in a regulated market. They are offering both spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).

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ErisX a Crypto Exchange raises $27.5 Million

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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