Bitcoin Comes of Age as New Technology Questions Follow

New products, trading venues and technology providers indicate that 2015 will be remembered as the year crypto-currencies and their underlying technology finally entered the capital markets. How they will get there is still hotly debated with multiple hurdles still to clear and the smart money heading in many directions. But interestingly, and sensibly, several of the platforms (and personas) have a shared heritage—from swaps. Tim Bourgaize Murray explains.

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Capital markets applications are cropping up for Bitcoin. Can the industry get them right?

Little more than a year ago, bitcoin seemingly began appearing everywhere—even food trucks in Austin, Texas were accepting it. Yet conversation around the crypto-currency was bleak.

In February 2014, major bitcoin (BTC) exchange Mt. Gox suffered its spectacular $460 million collapse. Even worse news came on 28 February, when Autumn Radtke, an influential 28-year old founder of another exchange called First Meta, jumped to her death from an apartment in Singapore. The currency’s price began to

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