Coinsetter was a New York-based Bitcoin and digital currency exchange established in 2012. It focused on providing a secure, reliable, and high-performance trading platform for both institutional investors and retail traders in the burgeoning cryptocurrency market. The platform offered features like leveraged trading and direct bank transfers. In a significant move within the crypto industry, Coinsetter, along with its Canadian subsidiary Cavirtex (which it had previously acquired), was acquired by Kraken, a major global digital asset exchange, in January 2016. Following the acquisition, Coinsetter's operations and user base were integrated into Kraken's platform, and the Coinsetter brand ceased to operate independently.
Primary operations hub, including technology development, business strategy, customer support, and marketing for its Bitcoin exchange services.
Located within Grand Central Tech, a tech accelerator, Coinsetter likely benefited from a modern, collaborative workspace with shared amenities, networking opportunities with other startups, and mentorship programs.
As a venture-backed startup in the fast-paced cryptocurrency sector, Coinsetter's work culture was likely dynamic, innovative, and entrepreneurial, with a strong focus on technology, security, and rapid development to meet market demands.
The NYC headquarters positioned Coinsetter in a major global financial and technological hub, providing access to talent, potential investors, and a vibrant fintech ecosystem critical for its growth and operations.
Prior to its acquisition, Coinsetter primarily focused on the U.S. market. With the acquisition of Cavirtex in 2015, its reach expanded to Canada. The platform aimed to serve both retail and institutional clients internationally, although its main operational focus remained North American. Its services were accessible globally online, subject to regional regulations.
335 Madison Avenue
New York
NY
USA
Address: Not publicly specified (Operations of Cavirtex, a Coinsetter subsidiary)
To provide localized Bitcoin exchange services and support for Canadian users, adhering to Canadian regulatory requirements, under the Cavirtex brand, and later integrated post-Coinsetter's acquisition of Cavirtex.
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As of April 2025, Coinsetter' leadership includes:
Coinsetter has been backed by several prominent investors over the years, including:
Coinsetter was acquired by Kraken in January 2016 and ceased independent operations. Therefore, there have been no executive new hires or exits in the last 12 months or any recent period.
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Information on Coinsetter's specific email formats is not publicly available as the company has been defunct since its acquisition by Kraken in 2016. Communication would have ceased post-acquisition.
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example@coinsetter.com (Speculative, non-functional)
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Kraken Blog • January 19, 2016
Kraken, a prominent global Bitcoin exchange, announced its acquisition of Coinsetter, a New York-based Bitcoin exchange, and Cavirtex, Coinsetter's Canadian subsidiary. The acquisition aimed to expand Kraken's services in the U.S. and Canada....more
CoinDesk • April 28, 2015
Coinsetter announced its acquisition of Cavirtex, one of Canada's oldest and largest Bitcoin exchanges. This move marked Coinsetter's expansion into the Canadian market....more
TechCrunch • December 9, 2014
Coinsetter secured an additional $1.3 million in funding from investors including SecondMarket and Barry Silbert's Bitcoin Opportunity Corp. The company also launched margin trading features on its platform....more
Wall Street Journal • May 13, 2014
Bitcoin exchange Coinsetter announced it raised a $500,000 seed funding round from investors including CampOne Ventures, Tribeca Venture Partners, and several angel investors to further develop its trading platform....more
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