A group of angel investors including SecondMarket founder Barry Silbert has invested $510,000 in BitPay, a firm that processes payments for merchants in the digital currency Bitcoin.

BitPay says it plans to use the new capital to move its headquarters to Atlanta from Orlando and to hire up to five new employees. BitPay was self-funded during its startup phase and currently has two full-time employees, founders Anthony Gallippi and Stephen Pair.

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