Digital currency exchange ShapeShift.io has raised $1.6m in new funding.
As reported by TechCrunch, the round drew support from Digital Currency Group and bitcoin entrepreneur Roger Ver.
Bitcoin Foundation executive director Bruce Fenton, Transform PR founder and CEO Michael Terpin and Trevor Koverko, founder of education-oriented e-commerce platform eProf, also took part in the round as angel investors.
The announcement comes nearly six months after ShapeShift announced $525k in seed funding, an amount invested by both Ver and Digital Currency Group founder and CEO Barry Silbert.
ShapeShift later made headlines after it become one of the first of a growing number of digital currency businesses to stop serving New York customers following the development and launch of the BitLicense licensure framework in the state.
The company did not immediately respond to a request for comment.
Image via ShapeShift
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