Cryptocurrency exchange Coinbase’s corporate venturing arm is among the investors set to boost the payment platform’s expansion.

US-based cryptocurrency platform developer MobileCoin has raked in $66m in a series B backed by Coinbase Ventures, the corporate venturing arm of cryptocurrency exchange Coinbase.

Cryptocurrency trading platform Alameda Research and diversified holding company Berggruen Holdings also featured in the round, along with BlockTower Capital, General Catalyst, Time Ventures, Vy Capital, Gaingels, DreamCrew, 10X Capital, Aglaé Ventures and private investors.

MobileCoin provides a platform to make private cryptocurrency payments from anywhere in the world. MobileCoin aims to complete transactions within…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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