Investment Valuation Coinbase will Exceed $1 billion

coinbase

The investment valuation of one of the largest representatives of the bitcoin industry, Coinbase, rise to $1 billion. Coinbase talks with potential investors about the possibility of attracting new funding at the moment.

The plans of the company from San Francisco to attract at least $ 100 million, which will be the largest round of funding in the history of the bitcoin industry.

About who can act as investors not reported. There has no been comment yet and from representatives of Coinbase.

According to Crunchbase, the company received investments totaling $117,21 million. That incluide the largest round of financing was the receipt of $75 million in January 2015. In July 2016, Coinbase received an additional $10.5 million from the Japanese Bank of Tokyo Mitsubishi UFJ (BTMU) and Sozo Ventures.+

The news that the company searches new investments sounded against the backdrop of recent technical problems. The platform could not cope with the large flow of visitors and at some point even had to go offline