Published On: Fri, Nov 24th, 2017

Finnish Bitcoin Broker Prasos Looking to Further Expand in Europe

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Bitcoin is steadily gaining traction in the finance and investment world and the Finnish Bitcoin broker Prasos is looking to expand into the European market. 
The Bitcoin Expansion in Europe

Bitcoin and other cryptocurrencies have rapidly expanded in the American and Asian investment markets. This week,  the total cryptocurrency market valuation managed to climb over $250 billion. Many analysts believe that Bitcoin and other cryptocurrencies will further grow in the upcoming months.
A recent article by Capital reported that the Finnish Bitcoin broker, Prasos, is seeking further funding in order to expand its operations in the European market. Prasos has already started a public funding round, and it’s looking to grow its revenue by up to $16 million in the upcoming 3 years. The CEO and Co-founder of Prasos, Henry Brade, stated following in the report:
The company is currently highly profitable, but as the sector is growing rapidly, we need to invest in the international expansion with larger stakes
He further added:
Our current shareholders have received the new round very positively and we have received new private and professional investors from Finland and from abroad. We also want to further develop …

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