He continues and explain how the partnership with Tim Draper came about:

“Vaurum was incubated by Boost last summer which is where we met Adam Draper and Tim Draper, who are both early investors in us. Collectively, we’ve been brainstorming to come up with new ways to help grow global bitcoin adoption, and what we came up with is a way to leverage our exchanges and utilize the auctioned pool of bitcoins, as well as market making strategies, to help provide liquidity in these underserved markets.

Many thanks to the United States Marshals Service for their facilitation of the auction. We’re excited about the opportunity to put these coins to good use and are looking forward to working with Tim in such a unique way.”

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