Bitcoin exchange Coinbase is now valued at $8 billion after raising another mega round of funding
|10/30/2018||Posted by BusinessMediaguide.Com under General World News||
- Coinbase is now officially valued at $8 billion.
- The bitcoin exchange announced a $300 million Series E on Tuesday, with a mega valuation to match.
- That means the cryptocurrency startup is publicly valued higher than Slack and Instacart.
The popular cryptocurrency exchange Coinbase is now valued at $8 billion following a mega funding around, the company announced Tuesday.
That round, led by Tiger Global Management, infuses the crypto startup with $300 million to “accelerate the adoption of cryptocurrencies and digital assets,” according to the company.
Y Combinator Continuity, Wellington Management, Polychain and Andreessen Horowitz also participated in the round.
Its new $8 billion valuation means that read more >>>