Wednesday 31 October 2018

Crypto exchange Coinbase is now valued at $8 billion after a big funding boost.


One of the most popular cryptocurrency exchanges, the U.S.-based Coinbase, announced on Tuesday that it has raised $300 million in a new round of financing. 

The round, led by Tiger Global Management, values the company at more than $8 billion. 

Y Combinator Continuity, Wellington Management, Andreessen Horowitz and Polychain also contributed to the funding round, among others. 


By Stan Schroeder.
Full story at Mashable.


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