NY Times: SecondMarket Creating a Virtual Currency Exchange

In the midst of all the news and chaos surrounding Mt. Gox Monday evening, The New York Times released an interesting bit of information with regard to SecondMarket, the company behind the Bitcoin Investment Trust.

From the Times piece (bold emphasis ours):

But at the same time that the news about Mt. Gox was emerging, a New York firm announced plans to create an exchange that could draw the world’s largest banks into the virtual currency market for the first time.

The new exchange is being put together by SecondMarket, which rose to fame a few years ago after creating a platform for buying and selling shares of companies like Twitter and Facebook before they went public.

The Times article notes that the company’s head honcho Barry Silbert has “already talked with several banks and financial companies about joining the new exchange,” including financial regulators.

Silbert reportedly said he hopes to have the new exchange online by the Summer. Additional information can be found here.

newsBTC has reached out to SecondMarket for additional information and comment, but did not immediately receive a response before press time.