MonetaGo Opens Bitcoin Exchange and Introduces Fixed-Value Bitcoin Across 40 Countries with 28 Currencies

Belfast , June 16, 2015 (GLOBE NEWSWIRE) — Following a successful private beta launch, MonetaGo is now opening its doors to the rest of the world, enabling digital currency trading in 28 currencies across 40 countries and supported in 24 languages. With the introduction of fixed-value bitcoin, MonetaGo is the first bitcoin exchange to enable customers to fix the value of their digital currency to any of 27 other currencies and email it to anyone in the world. The fixed-value bitcoin can then be converted by the receiver into his or her local fiat currency. This protects the sender and receiver from bitcoin price volatility and allows each to transact in local fiat currency.

Led by Jesse Chenard, a serial entrepreneur and investor best known as a founder of Tremor Video, now listed on the New York Stock Exchange (TRMR), the founding team includes Patrick Manasse and Margaux Avedisian, who previously co-founded digital exchanges around the globe, and Tad Davis, formerly of NASDAQ.

To continue its expansion into a quarter of all countries by end of year, MonetaGo has brought together a multi-national team with expertise in technology, legal and compliance, and financial services. This includes a group of talented local directors in strategic locations including Hong Kong, South Africa, Australia, Mexico, India, and Canada.

“We are very excited to launch Monetago’s global exchange today. It is the beginning of a future in financial technologies that will enable the rapid and secure transmission of funds anywhere in the world for a fraction of the cost of today’s solutions.” – Jesse Chenard