Bitcoin exchange Coinsetter acquires Canadian platform

April 8, 2015 5:31 PM

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NEW YORK, April 8 (Reuters) - Coinsetter, a New York-based bitcoin exchange that targets institutional and professional traders, said on Wednesday it has acquired Canadian Virtual Exchange, a bitcoin trading platform which recently shut down due to security breaches.

According to sources, the deal was valued at $2 million, marking the first merger deal in the growing bitcoin exchange market.

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