Coinbase raises $100M at a $1.6B valuation amid explosive growth
This recent piece of news tells us how successful a startup in the crypto domain is (i.e. Coinbase) these days, educating us about the future potential of such technology.
Quick stats
- Coinbase has facilitated almost $15B in digital currency exchange in just the first half of 2017.
- Coinbase supports 32 countries.
- Coinbase serves 9.2 million customers up to date.
- Coinbase was rumored in 2015 to have a $500M valuation (and today they are valued at $1.6B).
- Coinbase plans to build a consumer interface for digital currency apps that can potentially reach 100M people in the next phase.
The next year or so will determine whether cryptocurrency breaks into the mainstream, aided by technology that helps make it accessible to the average consumer, or remains a relative niche within the technology and finance community - cofounder & CEO of Coinbase
Good times coming up, hang on! You think otherwise?
Read the full article here: https://techcrunch.com/2017/08/10/coinbase-raises-100m-at-a-1-6b-valuation-amid-explosive-growth/?ncid=rss&utm_source=tcfbpage&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29&sr_share=facebook
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