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July 18, 2010Companies & infrastructureLaunches & foundingswell supported

Mt. Gox launches as a bitcoin exchange

Jed McCaleb opened Mt. Gox for bitcoin trading after repurposing a domain originally created for game-card exchange.

The exchange provided an easier order-book market and soon became a central source of bitcoin liquidity and price discovery. Its later dominance also concentrated substantial ecosystem risk in one company.