The NYSE, BBVA, USAA and NTT Docomo-backed cryptocurrency trading platform and wallet developer is now valued at $8bn after a Tiger Global-led series E round.
Coinbase, the US-based cryptocurrency trading platform backed by corporates BBVA, USAA, NTT Docomo and New York Stock Exchange, agreed a $300m series E round led by hedge fund manager Tiger Global Management today.
Accelerator operator Y Combinator’s Continuity fund, investment management firm Wellington Management, venture capital firm Andreessen Horowitz and blockchain investment firm Polychain also took part in the round, which values the company at $8bn post-money.
Coinbase has developed an online trading platform for digital currencies as well as…
