Roger Ver, Bruce Fenton and other bitcoin figures invested $1.6 million into ShapeShift exchange. Recently ShapeShift integrated new digital currency, Ether, and increased exchange limits.

According to TechCrunch, the company finished the investment round in a few days.

“The company just raised $1.6 million from the Digital Currency Group and Roger Ver as well as angels Bruce Fenton, Trevor Koverko and Michael Terpin,” says the media.

ShapeShift is a digital currency exchange founded in 2014. It allows customers to exchange digital currency without an account or a sign up process. Previously, the company attracted many notable investors including the head of Bitcoin Capital fund, Max Keiser.

The company is registered in Switzerland. This summer, it stopped operating in New York after the finalisation of BitLicense.

“It's a moral and ethical stand we're going take,” ShapeShift CEO Erik Voorhees told CNBC. 

The company compensated the losses with the introduction of the news coins. This August, Shapeshift introduced Ethereum digital currency, three weeks time after the launch of Ethereum platform for smart contracts.

In the beginning of September, ShapeShift increased exchange limits for the fast operations.

“Our latest feature addition is one that many of you have requested; an option to exchange with a much higher limit. Still, with no account needed,” says ShapeShift on a blog.

Roman Korizky