U.S.-based cryptocurrency exchange Coinbase has just announced $300 million in new funding.
According to a blog post, Tuesday, the firm said that the Series E equity round was led by Tiger Global Management, while Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and more also participated.
By its own calculation, the major investment gives the company a “post-money valuation of over $8 billion” as part of its mission to drive adoption of cryptocurrencies and digital assets.
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