Coinbase’s latest funding deal makes it an $8B company



armstrong coinbase cryptocurrency tiger global investment 8 billion 796x448 - Coinbase’s latest funding deal makes it an $8B company
Coinbase looks to take a lion’s share of the market with a capital investment deal that could value the company at $8 billion. The cryptocurrency exchange is in talks to finalize a deal with Tiger Global and other shareholders that could generate up to $500 million of investment, Recode reports. Coinbase was valued at over $1.5 billion last year, and if current talks are successful, the company could realize an $8 billion valuation. Coinbase expects to generate $250 million from new investments, with a further $250 million expected to come from existing investors. At present, these figures are merely estimates.…

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