---
title: "Fortune: Term Sheet - Venture Capital Deals"
description: “itBit, a Singapore-based global platform for trading Bitcoin with U.S. dollars, Singapore dollars and euros, has raised $3.25 million in VC funding.” -- Dan Primack, Fortune
image: https://insights.paxos.com/hs-fs/hub/424565/file-2331513840.png
---

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November 12, 2013 [![Fortune](https://insights.paxos.com/hs-fs/hub/424565/file-2331513840.png?width=512&name=file-2331513840.png "Fortune")](http://fortune.com/2013/11/12/venture-capital-deals-441/) http://fortune.com/2013/11/12/venture-capital-deals-441/

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## Fortune: Term Sheet - Venture Capital Deals

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“itBit, a Singapore-based global platform for trading Bitcoin with U.S. dollars, Singapore dollars and euros, has raised $3.25 million in VC funding.” -- Dan Primack, Fortune 

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