Coinbase is Seeking Another $100m, Biggest Round for a Cryptocurrency Firm
- Bitcoin, Litecoin and Ethereum trading platform Coinbase is looking for investment funds giving it a $1b valuation.
As more and more people from around the world are turning to cryptocurrency trading, sending many Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term tokens to all time highs, companies in the field are apparently trying to capitalize on the massive rally and draw new investments while the subject is dominating mainstream financial news.
San Francisco-headquartered Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet and exchange Coinbase is set for another funding round, this according to a report in the Wall Street Journal.
The London Summit 2017 is coming, get involved!
Coinbase is reportedly seeking to secure at least another $100 million for its global operations. The valuation by which the firm is offering the investment opportunity gives it the biggest ever price tag for any cryptocurrency firm - $1 billion. Coinbase has previously raised approximately $116.5 million from investors including Andreessen Horowitz, Union Square Venture and more, divided between several rounds.
Back in March, New York’s financial regulator, the state Department of Financial Services (DFS), announced that Coinbase’s licensing application to offer Ethereum and Litecoin was approved. Coinbase thus joined four other rivals that previously gained ‘BitLicenses’ from the DFS to operate in New York.
European expansion
The firm also recently announced that it is taking new steps in its transition to a truly global organisation with "big plans" for the year ahead.
The first step it revealed is the opening of a new office in London, which will serve as the hub for Coinbase's European operations.
Additionally, it announced the addition of two new trading pairs at GDAX, its institutional digital asset exchange. Customers in Europe can now trade Ethereum and Litecoin on Coinbase's ETH/EUR and LTC/EUR books.
As more and more people from around the world are turning to cryptocurrency trading, sending many Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term tokens to all time highs, companies in the field are apparently trying to capitalize on the massive rally and draw new investments while the subject is dominating mainstream financial news.
San Francisco-headquartered Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet and exchange Coinbase is set for another funding round, this according to a report in the Wall Street Journal.
The London Summit 2017 is coming, get involved!
Coinbase is reportedly seeking to secure at least another $100 million for its global operations. The valuation by which the firm is offering the investment opportunity gives it the biggest ever price tag for any cryptocurrency firm - $1 billion. Coinbase has previously raised approximately $116.5 million from investors including Andreessen Horowitz, Union Square Venture and more, divided between several rounds.
Back in March, New York’s financial regulator, the state Department of Financial Services (DFS), announced that Coinbase’s licensing application to offer Ethereum and Litecoin was approved. Coinbase thus joined four other rivals that previously gained ‘BitLicenses’ from the DFS to operate in New York.
European expansion
The firm also recently announced that it is taking new steps in its transition to a truly global organisation with "big plans" for the year ahead.
The first step it revealed is the opening of a new office in London, which will serve as the hub for Coinbase's European operations.
Additionally, it announced the addition of two new trading pairs at GDAX, its institutional digital asset exchange. Customers in Europe can now trade Ethereum and Litecoin on Coinbase's ETH/EUR and LTC/EUR books.