Saturday , 7 December 2019
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Coinbase raises $75M to make Bitcoin (more) mainstream

Coinbase raises $75M to make Bitcoin (more) mainstream

Coinbase, the least obscure Bitcoin wallet on the web, today announced a hefty $75 million raise led by DFJ Growth.

The cash will be used, Coinbase says, “to continue driving mainstream, global adoption of Bitcoin” — a vague, self-serving goal, of course, but one which will likely benefit future startups in the Bitcoin space.

To date, cryptocurrency startup Coinbase says it’s raised $106 million.

Coinbase makes it easy for the average person and business to use the digital currency Bitcoin. Coinbase lets any consumer to create a Bitcoin wallet and start buying/selling Bitcoin instantly by connecting their bank account. In addit… read more »

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