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|Founder||Cedric Dahl, Bennett Hoffman|
|Headquarters||Palo Alto, California, U.S.|
Number of locations
|Cedric Dahl (CEO)|
Bennett Hoffman (CTO)
Kevin Zhou (Head Economist)
Kevin Adams (Lead Developer)
|Services||Buy, sell, and trade bitcoin|
|Total assets||~$1.6 million (2013)|
Number of employees
Buttercoin was a private American start-up company that provided digital currency exchange services to the US. Specifically, Buttercoin operated a full order book trading platform for buying and selling bitcoins.
Y Combinator, Google Ventures (Kevin Rose and Chris Hutchins), Floodgate, Initialized Capital, Rothenberg Ventures, and Reddit co-founder Alexis Ohanian invested approximately $1 million into Buttercoin. A Swiss company, Centralway Ventures, controlled by Martin Saidler invested an additional $250,000 into Buttercoin. Combined with other sources, Buttercoin raised a total of $1.6 million as of September 2013. Subsequently, Buttercoin raised an undisclosed sum from Wedbush Securities, making it the first bitcoin company to receive investment from a large Wall Street institution.