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VC-Backed Coinbase Becomes First Cryptocurrency 'Unicorn'

by fortune.com posted 1year ago 473 views
A Bitcoin company has finally attained the "unicorn" title, an honorific bestowed upon startups valued at more than $1 billion. Coinbase, a brokerage that established itself as one of the biggest brands in a now-booming cryptocurrency market, has raised $100 million at a private valuation of $1.6 billion that includes the capital raised.