The cryptocurrency management platform, which is backed by NTT Docomo and several financial services firms, is reportedly speaking to investors over funding at a $1bn valuation.
Coinbase, a US-based cryptocurrency management platform backed by several corporate investors, has entered talks to raise about $100m, the Wall Street Journal has reported.
The new funding would be raised at a valuation of $1bn, people familiar with the matter told the WSJ.
Coinbase operates an online platform that enables users to buy, store and trade cryptocurrencies such as bitcoin, ethereum and litecoin. The investment would be timely, with the former two having reached record highs today.
The transaction would…
