Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $250,000 to make this roll-out happen. Riot Blockchain made the revelations in a March 14 filing with the Securities and Exchange Commission. The company formed a subsidiary called RiotX Holdings to operate the exchange, which has partnered with software provider Shift Markets. Once the RiotX exchange goes live, its 2019 operational budget is expected to approach $2 million. RiotX Crypto Exchange to Go Online in
The post Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream appeared first on CCN
Read the original post: Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream