Key Stats
Name:Â Coinbase
Sector: Cryptocurrency
Founders: Brian Armstrong, Fred Ehrsam
CEO: Brian Armstrong
Year of investment: 2015
Rounds: Series C
Co-investors: Union Square Ventures, Ribbit Capital, DFJ, Andreessen Horowitz, BBVA Ventures, New York Stock Exchange
What they do
Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with the new digital currency bitcoin.
With a mission to make payments more open and efficient for the world, Coinbase enables the secure purchase and use of bitcoin for more than 2.3 million users internationally, has signed more than 40 thousand merchants and has 7000 developers that have built on its Toshi API platform.
Coinbase announces strategic investment from Westpac’s Reinventure