ItBit is considering whether to add support for ether, the native cryptocurrency of ethereum, to its digital currency exchange, according to its CEO.
Cascarilla told CoinDesk:
Cascarilla cited the recent demise of the ethereum-based fund The DAO as a potential risk factor, though he said he doesn’t think it "diminishes" the value of ether or ethereum itself.
The comments come as sources suggest itBit is increasingly focusing on blockchain post-trade solutions, and that more resources are being devoted away from its exchange operations.
According to data from Bitcoin Charts, itBit is currently fifth among USD bitcoin exchanges, reporting average 24-hour trade volumes of about 11,000 BTC, or just over $7m.
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