Will expect many Bitcoin companies to either shut down or pivot. Smart contracts could be an area, but time will tell how easy it is to pivot so fundamentally vs setting up a new company in that new areas
Bitcoin Blockchain financial platform startup Mirror (Vaurum Labs, Inc.) has raised $8.8 million Series A in a round led by Route 66 that included existing investors Battery Ventures, Crosslink Capital, RRE Ventures, and Tim Draper. As part of the deal, Route 66 partner Pascal Bouvier will join Mirror’s board of directors. Originally founded as a Bitcoin exchange called Vaurum, Mirror shifted its focus in late 2014 towards fintech, specifically applying the Blockchain to financial markets. The company is building a smart contracts platform that enables peer-to-peer trading, using Bitcoin, to “democratize access to financial markets”
unknownx500
