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Bitcoin Brokerage River Financial Raises $17 Million

Amy Liu

Summary: High-end bitcoin brokerage River Financial raised $17.3 million in a recent equity sale, according to documents filed with the U.S. Securities and Exchange Commission (SEC). The company aims to raise nearly $500,000 in additional funding for a total of nearly $17.8 million. The firm reported 34 backers in its latest filing but none of them ...

High-end bitcoin brokerage River Financial raised $17.3 million in a recent equity sale, according to documents filed with the U.S. Securities and Exchange Commission (SEC).

The company aims to raise nearly $500,000 in additional funding for a total of nearly $17.8 million. The firm reported 34 backers in its latest filing but none of them were known. CEO Alexander Leishman acknowledged in a interview that the brokerage was considering pursuing additional funding.

By Amy Liu

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Link: Bitcoin Brokerage River Financial Raises $17 Million   [Copy]
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