Gas exchange provider Turnip Exchange is looking for investors to help it start up.
The company’s founder and CEO, David Zuckerman, said it will be able to start operations in the first quarter of 2018.
Zuckerman said Turnip is hoping to sell a large percentage of its business as well as some of its assets.
It has already secured funding from venture capitalists such as Sequoia Capital, the Sequoias and Founders Fund.
Zuckerman said he believes that a new gas exchange will be beneficial to the cryptocurrency industry and said he wants to be able have access to capital and the liquidity it needs.
“The future of cryptocurrency is really exciting,” he said.
“It’s going to be a global currency.”
The company was started in 2013 by Zuckermans wife, Karen, after he left the New York Stock Exchange.
Zooker, who is currently the CEO of the investment firm Zuckering Partners, said he was looking for a team to help him get the company off the ground.
He said he has raised $150,000 for the company and plans to raise more.
“We’re doing it because we want to be on the ground floor,” Zooker said.
He said that a large portion of the funds raised will go to the development of the platform, which he said will be built to handle payments from bitcoin, ether, and litecoin.
The gas exchange is aiming to become the first bitcoin exchange to accept digital currencies such as litecoins, ether and etherdelta.
Zinkerman said the company will be open 24 hours a day and that customers can use their smartphones or computers to make purchases using bitcoin.
Zimmerman said the initial focus will be to accept bitcoin but that the company hopes to also offer litecoincash, a new digital currency based on bitcoin that will allow users to transfer their bitcoins from one cryptocurrency to another.
Zoom, another cryptocurrency exchange, has already begun accepting bitcoin payments.
Zooming is planning to start accepting bitcoin in the next six months.
Zillah, another bitcoin exchange, is currently accepting bitcoin.
Zuckers wife, Jessica Zucker, said she has already started accepting bitcoin on the company’s platform.
Zuffert, another exchange, plans to launch bitcoin payments by the end of this year.
Zumpers wife said she expects bitcoin to be the dominant currency in the cryptocurrency market in the future.
“If bitcoin can become a global financial standard, that will make it a better currency for all types of businesses,” Zuckman said.
Zurich, another digital currency exchange, will be accepting bitcoin payment next month.
Zuhlman said it would be a good idea for a company like Turnip to invest in a company that would help it get its product off the floor and create jobs.
He added that he would like to see the company offer bitcoin-based services in the near future.
Zussman said his company plans to use the funds from its venture capital fund to hire people and expand its customer base.