Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Coinbase Valued At $8B Following Hedge Fund Investment: Report
Hedge Funds

Coinbase Valued At $8B Following Hedge Fund Investment: Report

by ccn.com posted 1year ago 50 views
Tiger Global, a U.K. hedge fund that invests mainly in global consumer brands, is reportedly considering a $500 million investment in Coinbase, which would boost the startup’s valuation close to $8 billion and strengthen the cryptocurrency market’s legitimacy, according to sources that spoke to Recode. The investment would make Coinbase one of the highest valued U.S. startups. The investment in part would buy out existing shareholders, although the specific numbers have not been determined. Last summer, Coinbase was valued at close to $1.5 billion.

In this article