• Bloomberg

  • SHARE

BitOcean, a Chinese bitcoin startup, joined with New York-based exchange platform Atlas ATS Inc. to bid for the assets of Mt. Gox, the exchange platform that filed for bankruptcy in Japan earlier this year.

BitOcean and Atlas will invest $1 million worth of bitcoins to start an exchange platform in Japan by August, Nan Xiaoning, the Beijing-based founder and chief executive officer of BitOcean, said in an interview Tuesday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW