Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. With access to Bitfury’s worldwide mining resources, this fund offers an alternative for bitcoin investors.
Betschart says that the program’s primary goal is to get more software developers to contribute to Bitcoin’s open source projects: He and his team are “not interested in making a profit.”
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency.
Allowing users to keep control of their cryptocurrency keys in a secure wallet is a crucial consideration at a time when some exchanges are proving to still be vulnerable to hacks.