Nitasha Tiku · 02/25/14 11:11AM

As Mt. Gox erupts, SecondMarket, best known as a place to unload Facebook stock pre-IPO, emerges from the molten lava with plans for the first ever U.S.-based Bitcoin exchange. It will mimic "the early days of The IntercontinentalExchange," with founding members from "Wall Street banks and well-funded Bitcoin startups (but not, interesting, VC firms)."