SAN FRANCISCO, CA--(Marketwired - Nov 11, 2014) - Bitreserve, a next-generation money service that makes using digital money easy, fast and free, is raising funds via Venovate Marketplace, the leading U.S.-based brokerage platform for alternative investing, and London-based Crowdcube, the world's first and largest crowdfunding platform. Raising funds on Venovate is spurred from the company's belief that financing should be an accessible and egalitarian process. Funds raised from qualified investors on Venovate is part of the Company's Series B financing and proceeds from the round will be allocated to hiring and international expansion efforts.

Bitreserve allows members to hold bitcoin in the form of stable, real-world currency -- euros, dollars, sterling, yen and yuan -- but still spend it as bitcoin. This shields members from bitcoin volatility, allowing them to take advantage of bitcoin's speed and low-costs, worry free.

As the world's first fully transparent financial service, Bitreserve will publish a real-time, verifiable proof of solvency, so members always know their value is safe. By raising money on Venovate, Bitreserve can provide a highly accessible investment opportunity and maintain its stringent levels of transparency. The source of all investments (i.e. whether from an individual or institution) will be reflected on the Venovate and Crowdcube platforms.

Halsey Minor, Founder and CEO, commented: "While this concept is still early, we believe that the new private securities funding models are trending towards right side of history. It supports a future where all investors will have equal rights to participate in the kind of investment opportunities that today are only shown to the wealthy and institutions. Our listing on Venovate wouldn't be possible without the changes in United States regulation that make it easier for entrepreneurs to present their business ideas to qualified investors."

"The shared importance we place on innovation, accessibility and transparency makes Venovate the perfect partner for this effort. Raising funds via the qualified crowd is our contribution towards the process of innovation financing becoming more egalitarian."

Bitreserve launched its service to the general public October 30 and is aiming to raise a minimum of $10mm (£6mm) in this second round of financing.

About Bitreserve
Bitreserve is a new financial system that makes using digital money secure, seamless and free. The company is setting a new standard for transparency in today's financial system and is pioneering the digital money movement to build a more egalitarian world. Bitreserve enables members to escape bitcoin volatility by holding bitcoin as stable, real-world money, but still spend their money as bitcoin. Founded by Halsey Minor in 2013, Bitreserve is headquartered in Charleston, South Carolina and has operations in Braga, Shanghai and San Francisco.

About Venovate
Venovate Marketplace is the first true online brokerage platform for alternative investing where sophisticated investors and their advisors can identify, research, and invest in the full range of private placement opportunities -- from start to finish, fully compliant, and all online.

On the platform, accredited individuals, qualified purchasers, family offices, and institutions have access to curated, institutional-grade investment opportunities represented by leading issuers. The opportunities currently listed are raising over $1 billion in capital across venture capital, private equity, real estate, and private companies.

Venovate Marketplace is an SEC Registered Alternative Trading System and member of FINRA and SIPC. The content of this press release is provided for educational and informational purposes only. It does not constitute a recommendation to enter into securities transactions, or of any investment strategy presented herein. Private securities investments have inherent risks. An investor should understand these risks before investing.

About Crowdcube
As the world's first and most successful investment crowdfunding platform, Crowdcube enables entrepreneurs to bypass the traditional business angel, venture capital or bank finance routes, giving them more control and access to more investors.

Since February 2011, more than 87,000 savvy investors have registered with Crowdcube, helping to raise over £37 million of equity finance for 143 UK business pitches.

Investing involves risk and should be done only as part of a diversified portfolio. Investing equity in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Crowdcube is authorised and regulated by the Financial Conduct Authority (No. 572026).

Contact Information:

For more information please contact
LaunchSquad for Bitreserve